EU Prepared For Russia To Halt LNG Flows: Simson

The EU considers it possible that Russia will halt natural gas supplies in 2023 to Europe but the bloc is prepared with contingency plans, as it also sees no need for Russian LNG imports, European Commissioner for Energy Kadri Simson said on the sidelines of the G7 Ministers' Meeting on Climate, Energy and Environment in Japan.

• "There is no reason to speculate but we have our plans ready for this kind of situation," Simson said.
• "We do have agreements on solidarity so member states can support their neighbors if they are in need but we have to also keep in mind that Russia does not have any alternative supply routes" for sales, Simson added.
• “We agreed last time we met with European energy ministers that we will propose a solution that if Russian LNG is not necessary on the security of supply aspect, then governments can restrict their access to LNG terminals."