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    Al-Monitor: What will Turkey do if Russia turns off gas?

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Summary

As the EU toughens sanctions on Russia over the Ukraine crisis, uneasiness is growing over the possibility of Russia retaliating by cutting gas supplies.

by: Sruthi

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Press Notes

Al-Monitor: What will Turkey do if Russia turns off gas?

As the European Union toughens sanctions on Russia over the Ukraine crisis, uneasiness is growing over the possibility of Russia retaliating by cutting natural gas supplies.

With winter approaching, European countries reliant on Russian gas have been taking precautions against the “freezing scenario.” Stress tests have been used to predict the effects of gas cuts of durations of one, three, six and nine months. According to a study by Cologne University’s Institute of Energy Economics, Turkey, Finland and Poland would be hurt the most if Russia turns off the gas taps. If such a cut lasts six months, Germany, too, would be negatively affected. In the case of a nine-month cut, all European countries except Norway, the Netherlands and Britain would be affected.

And what is Turkey doing to get ready for possible shortages? Before we answer the question, let’s see how much gas Turkey imports from Russia. Last year, Turkey imported a total of 45 billion cubic meters (1.6 trillion cubic feet) of gas, including 26.6 billion cubic meters (939 billion cubic feet) from Russia.
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