Russia’s Vladimir Putin is orchestrating a deliberate energy supply crisis in Europe by restricting the seasonal flows of pipeline gas, preventing the region rebuilding its severely depleted inventories fast enough before the onset of winter.
The UK is not the target of this geostrategic squeeze but is dangerously exposed after having slashed its gas storage capacity to wafer-thin levels in order to save costs. The country must rely on energy back-up through gas and electricity interconnectors to the Continent, which cannot be taken for granted in emergency circumstances.
“The UK is more vulnerable to a gas supply crisis than other Western European countries. It has way too little storage and it is buying more Russian gas than it realises through the Netherlands,” said Marco Alverà, chief executive of the Italian pipeline and infrastructure group SNAM.
Instead the green tits took over and imposed that ludicrous 0.5 on the Richter scale limit.