Platts: EU well prepared for any Russian gas cuts this winter: Oettinger

The EU is well prepared for a worst case scenario where all Russian gas supplies are cut for six months over the winter, EU energy commissioner Guenther Oettinger said Thursday.

"If we work together, show solidarity and implement the recommendations of this report, no household in the EU has to be left out in the cold this winter," Oettinger said as he presented results of the European Commission's first detailed analysis of the EU's resilience to Russian gas cuts.

"We can show our Russian partners that there is no point in using energy as a political strategy as we are ready for it," he said.

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