The European Union is debating energy embargos on Russia, with natural gas as one of the key talking points. Russia is ramping up threats to cut Europe’s gas if it does not comply with its demands. The UK is predicting that it can leave Russian gas behind earlier than previously anticipated. In the week when Gazprom finally did what Europe was afraid it would do and started cutting off gas supplies to countries unwilling to pay for them in rubles, Russian gas reliance has really hit the spotlight. And at least one country in Europe believes it can eliminate its dependence on it sooner than previously believed. Bloomberg reported earlier this week that the UK could stop importing Russian natural gas before this year’s end. Citing an unnamed source familiar with the government’s plans, the report noted that Russian gas exports to the UK were already a slim enough […]