Austria says Russia to cut off gas from Saturday

[Yo_Mama_Been_Loggin]

LONDON/VIENNA (Reuters) -Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a fast-approaching end of Moscow's last gas flows to Europe.

Russia's oldest gas-export route to Europe, a pipeline dating back to Soviet days via Ukraine, is set to shut at the end of this year.

Ukraine has said it will not extend the transit agreement with Russian state-owned Gazprom in order to deprive Russia of profits that Kyiv says help to finance the war against it.

Moscow's suspension of gas for Austria, the main receiver of gas via Ukraine, means Russia will now only supply significant gas volumes to Hungary and Slovakia, in Hungary's case via a pipeline running mostly through Turkey. In contrast, Russia met 40% of the European Union's gas needs before Moscow's 2022 invasion of Ukraine.

https://www.yahoo.com/finance/news/austrias-omv-informed-gazprom-deliveries-150454416.html

[OnDoutside]

1. Good.

[dickthegrouch]

2. What???

Austria is one of the coldest countries on earth in thee winter, which is already fast approaching.
If alternative sources can’t be engineered in days , many will freeze to death.
What’s good about this?

[OnDoutside]

3. Do you know the term

"Running with the hare and hunting with the hounds" ?

That's what the Austrians have been doing since February 24, 2022. While most of the rest of us in the EU have been paying huge increases in energy bills, the Austrians have held a gun to the head of the rest of the EU. They'll get gas from elsewhere but they'll feel the same financial pain the rest of us have been putting up with.

[OnDoutside]

4. Good analysis here