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Ireland's Gas Supplies Are Secure - Tánaiste

Our gas supplies are secure, according to the Tánaiste. It comes amid fears of shortages caused by t...
Ben Finnegan
Ben Finnegan

12:50 PM - 1 Apr 2022



Ireland's Gas Supplies Are Sec...

News

Ireland's Gas Supplies Are Secure - Tánaiste

Ben Finnegan
Ben Finnegan

12:50 PM - 1 Apr 2022



Our gas supplies are secure, according to the Tánaiste.

It comes amid fears of shortages caused by the supply lines from Russia being cut by Vladimir Putin.

Bills coming through the door are also going through the roof, with events in Russia and Ukraine dictating much of that.

Vladimir Putin's threat to cut off the gas supply to countries that don't pay in roubles sent shockwaves through the market, but Tánaiste Leo Varadkar somewhat played down its impact.

"If President Putin were to cut off the gas to Europe that would not have a direct effect on us, however, it would have an effect on our European partners particularly Germany and central and eastern Europe.

"And that would have an effect on us."

The gas is continuing to flow today despite Putin's threat.

Dr Cormac O’Raifeartaigh, lecturer at Waterford Institute of Technology, doesn't believe it will actually stop:

"To finance his war he needs his war, so if push comes to shove he will still accept the money in euro.

"I'm sure it's one of those gambits he goes in for."

But even threats from Putin are enough to raise prices.

Government Ministers here have admitted they'll need to do more to curb costs - but say they won't be completely able to shelter the public.

The war in Ukraine has entered it's 37th day after Russian forces invaded the country on February 24th - here's what you need to know:

 

@benfinnegannews Day 37 of Russia’s invasion of Ukraine 🇺🇦 #ukraine #ukrainian #ukrainewar #war #news #kyiv #chernihiv #mariupol #belgograd #putin #roubles #zelenskyy #putin #moscow ♬ original sound - benfinnegannews



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Cost Of Living Energy Costs Energy Prices Gas Inflation Leo Varadkar Putin Russia Russia Invasion Ukraine War

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