As Russia announces further cuts to its gas supply to Europe, analysts fear that shortages this winter could reinvigorate populists and anti-EU sentiment across the bloc, if citizens struggle to heat their homes and industrial production plummets, deepening the ongoing economic crisis.
The Nord Stream 1 pipeline reopened on Thursday after scheduled maintenance, but is expected to operate at reduced capacity. “European leaders need to be preparing for this possibility now to avoid the potential damage that would result from a disjointed and destabilising response,” he said, adding this coming winter will be a “historic test of European solidarity.”
EU leaders have been in talks for gas supplies with Norway, Israel, Egypt, the United States and Qatar. Earlier this week, EU Commission President Ursula Von Der Leyen flew to Azerbaijan’s capital Baku to hatch a deal to increase gas exports to the European Union. It resulted in athat aims to double the capacity of the Southern Gas Corridor – a series of pipelines transporting gas from the Caspian Sea to Europe - to deliver at least 20 billion cubic metres a year by 2027.
According to the data, gas exports to EU countries overall have actually decreased by 20 percent in the first half of 2022.
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