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    The Independent: Ukraine crisis EXCLUSIVE: US and Europe planning to ‘cut off’ Russia’s gas supply

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Summary

US and European countries to “disarm” the threat of Vladimir Putin using Russian gas and oil supplies as “a weapon” against Ukraine and EU

by: Sruthi

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Press Notes

The Independent: Ukraine crisis EXCLUSIVE: US and Europe planning to ‘cut off’ Russia’s gas supply

Britain is drawing up plans with the US and other European countries to “disarm” the threat of President Vladimir Putin using Russian gas and oil supplies as “a weapon” against Ukraine and its Eastern European neighbours.

Next month, David Cameron and other G7 leaders are expected to sign off on an “emergency response plan” to assist Ukraine this winter if Russia restricts gas supplies.

At the same time, G7 energy ministers this week agreed a plan to eliminate Europe’s reliance on Russian oil and gas over the longer term and prevent energy security being used as political bargaining chip by the Kremlin.

Russia currently supplies around 30 per cent of all gas consumed within Europe and more than 50 per cent of the gas used by Ukraine.
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