The Ahmadi Religion of Peace & Light

Energy Crisis in Europe

April 11, 2022

The energy crisis in Europe has just risen a notch or two. Russia’s Putin has now threatened
to close down European gas supplies from today if states refuse to pay them in roubles. This
is seen clearly as a direct retaliation for sanctions imposed on Putin’s Russia who has
moved to declare foreign buyers will now have to ‘open rouble accounts in Russian banks’,
which can be used to pay for Russian gas. Previously all sales were conducted in dollars or
euros and this statement was made on Russian TV directed at those ‘unfriendly countries’.
These nations include, European Union member states, Britain, Japan, Canada, Norway,
Singapore, South Korea, Switzerland and Ukraine. Deals with companies and individuals
from those countries now have to be approved by a government commission.
According to Gazprom, 58% of its sales of natural gas to Europe as of January 27 were
settled in euros. German Economy Minister Robert Habeck today rejected the demand,
saying that it amounted to ‘blackmail’, despite the fact that they still rely on 55% of their gas
purchases from Russia. Germany has recently indicated they are heading for a supply
emergency.
Other countries have been calling Putin’s bluff and hedging their bets that this is just
scare tactics Dutch spokesperson Gasterra said: ‘International agreements contain clauses
about payments and currency. Sticking to the agreement remains our position.’
The EU is dependent on Russia for its sales with 30% of its oil dosage form derived from
Moscow and also 40% of its gas supply costing EU bloc 400 million euros every day.
However it does not seem as simple as Putin simply stopping sales as there is only 1
pipeline which does not allow for the Kremlin to redirect supplies elsewhere and there are no
alternative storage facilities unless new buyers could be found.
It is thought the move was intended to boost the Russian currency after falling to a record
low of 120 to the dollar this month following the invasion of Ukraine. After Putin’s declaration
the rouble was 3.4 percent stronger against the dollar at 100.02, its strongest since March 2.

2. UK Military rhetoric

Whilst back on the war front was a statement from Admiral Sir Tony Radakin who boldly
claimed Putin had already lost the war in Ukraine and was now in a much weaker position. It
came after news that demoralised Russian troops have defied their leaders sabotaging their
own equipment. Putin had overestimated his military’s power with his invasion, running into
fierce Ukrainian resistance inflicting devastating losses on Moscow’s armies. After a series of
catastrophic misjudgments one of which was the ‘insane’ decision not to tell members of his
armed forces they even would be invading Ukraine. Many troops had thought they were
purely on training and logistical manoeuvres.
His comments mirrored those of Sir Jeremy Fleming – the director of Britain’s GCHQ
intelligence organisation – who launched a scathing attack on Putin, claiming his bungled
‘personal war’ in Ukraine has backfired. He revealed new intelligence showing that
ill-prepared Russian soldiers are refusing to carry out orders, sabotaging their own
equipment as well as accidentally shooting down their own aircraft.

3. Situation in Ukraine

Ukraine’s President Volodymyr Zelensky in an address also raised the battle cry claiming
resistance against Putin’s armies was ‘undefeatable’ with ‘the support of the free world’
behind it, alluding to the support from America, Britain and Europe. He also said how many
had died in the besieged port city of Mariupol from the bombardment by Russia as
evacuation attempts were underway to rescue some 170,000 people trapped in a
‘humanitarian catastrophe’.
It seems such matters are far from being resolved and pressure is intensifying on the
ground with more people being forced out of their land by war and now the threat of gas and
oil being cut looming large over Europe due to Putin’s stubborn position.

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