A "serious disruption" to the European Union's gas supplies from Russia is “likely,” the bloc's energy chief said on Monday, urging countries to step up their preparedness.
"Since the beginning of Russia's invasion of Ukraine we have known that a very serious disruption is possible, and now it seems likely. We have done much important work to be prepared for this. But now is the time to step it up," EU energy commissioner Kadri Simson said after a meeting of energy ministers from member states.
“The situation is deteriorating. While the gas supply to the member states is currently guaranteed, the security of supply risks are greater than ever,” she added, noting that Russian gas exports to the EU are half of what they were a year ago.
However, she said the security of supply risks were “not immediate” and the European gas system had “reacted well and so far has been able to absorb the cuts.”
Simson said the European Commission will propose an EU plan to prepare for further gas shocks in July, as Russia has already cut or reduced supplies to 12 of the bloc's 27 member states.