Austria plans to refuse from Russian gas by 2027
Austria plans to refuse from Russian gas (photo: Getty Images)
Austria's ruling coalition plans to cut off from Russian gas by 2027, according to Kurier. This timeline coincides with the EU's goals and should be specified in the new Austrian security strategy.
According to recent estimates, the share of Russian natural gas in Austrian pipelines is between 80 and 90 percent. Last year, Austria transferred about four billion euros to Gazprom.
According to another government argument, the dependence poses a danger to the economy. Unilateral supply restrictions would lead to higher gas prices for households and industry.
However, this risk can be mitigated through a controlled exit. This goal should now be enshrined in the new Austrian security strategy.
The government now has to finalize the work so that the finished strategy can be presented in the next few weeks.
Russian oil exports collapsed in July.
According to Western media, last month, Russian oil exports from major Western ports fell to their lowest level in almost 20 months. The most noticeable decline was in supplies to China.
We also wrote that natural gas prices in Europe continued to rise. Read more about the reasons for the summer price increase in the RBC-Ukraine article.
