Winter without Russian gas is less scary, but not enough

If Gazprom cuts off supplies, we will get through the cold months with no problems, Bloomberg says. But several neglected variables can become insufficiently calculated risks: from cold temperatures to vulnerable infrastructures. Up to the saturated capacity of the regasifiers

Russian gas is no longer a threat to Italy. At least not for this winter, Bloomberg says in an article in which “people familiar with the matter” argue that additional supplies from Algeria and Egypt would be enough to compensate for a possible interruption of imports from Russia. The topic is back in the news also due to the news of these days. Between the Russian giant Gazprom and the Ukrainian company Naftogaz, through which methane arrives in Europe, a dispute is underway related to the transit rights that Moscow claims it does not have to pay. If the affair develops for the worse, the financial relations between the two companies would remain entangled in the net of sanctions and should be interrupted, as well as the gas flows. The other route that connects Moscow to Brussels is that of the Nord Stream, which, however, is feared that it will be put out of service as a result of the sabotage, the outlines of which are not yet clear.