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European countries relying on gas reserves

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European countries relying on gas reserves


Following Gazprom’s decision to cut gas supplies to Ukraine, Croatia says its natural gas imports from Russia have fallen more than 30 percent and there will only be enough gas for everyone for the next two weeks. Slovakia says its supplies have also dropped by 30 percent, and it is too soon to say what the effect will be.

Poland’s economy minister, Piotr Wozniak, said his country has also been hit, but it should have enough gas reserves. He said: “There is no threat to reduce gas supplies to individual customers. This is similar to what happened in February 2004 when Russia cut off gas to Belarus.” There is also a 40 percent drop in Russian gas to Hungary, but that country’s economy minister, Janos Koka, is also stressing that reserves should last for several months. “The gas supply to Hungary is assured because we have reserves to last for several months,” he said. “Neither homes nor industrial consumers are in danger. I will discuss the situation in Brussels on Wednesday.” Budapest says it has been forced to cut gas transit to Serbia and Bosnia by 40 percent. Austria says its Russian supply is down by about a third but it has reserves to tap into. Germany says it has enough stored gas to last up to 75 days. Italy and France say they are watching the situation closely, but for now there are no problems.
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