It is unprofitable for Europe to buy gas from Russian competitors

Due to the events in the Ukraine, in particular the situation in the Crimea, the governments of the EU discuss the possibility of increasing gas purchases from the Russian competitors. Analysts say these variants are economically unsound, Vedomosti writes.

Great Britain imports about 1% of the consumed gas, the European Union – 33.2% (the data of the International Energy Agency).

There was 167.2 billion cubic meters of Russian gas supplied to the EU countries last year, of which 82.3 billion cubic meters via the Ukraine. Europe got 48.5 billion cubic meters from North Africa, 13 billion cubic meters – from Iran and Azerbaijan and 45.8 billion cubic meters of LNG. There created the infrastructure for LNG imports in Eastern Europe.

The storages of Poland are filled by 70%, Slovakia and Czech Republic – 35-45%, Austria – 34%, Germany – 60%. According to Reuters, this volume meets the demand for gas during 2-3 months.