Gas

Gazprom has completely suspended gas supplies to Eni for Saturday, invoking the ‘impossibility of transporting gas through Austria’ – the Italian hydrocarbons giant announced, AFP reports. Most of the Russian gas delivered to Italy passes through Ukraine, through the TAG gas pipeline that reaches the north of the country, at the border with Austria. Italy consumed 29 billion cubic meters of Russian gas last year, representing approximately 40% of its imports. According to Eni, the country is gradually replacing about 10.5 billion cubic meters of this amount by imports from other countries, starting this winter. Russian gas exports to Europe have been in constant decline since the first sanctions were imposed on Russia. The most affected countries are Germany, Hungary and Austria. The least affected countries are France, Sweden and Great Britain, which have not traditionally relied on Russia, as well as Italy.