Europe builds super expensive pipeline to be "independent of Russian gas"

Europe builds super expensive pipeline to be "independent of Russian gas"

Wednesday, October 23, 2024 21:09 PM (GMT+7)

Escaping dependence on Russian gas is the goal of the European Union, and the EU has taken many steps to realize its ambition.

Europe builds super expensive pipeline to be "independent of Russian gas"

European Union countries need to move quickly towards complete independence from Russian gas, especially as winter approaches and tensions between the two sides increase. According to Reporter.

In this situation, the idea of ​​building new gas pipelines that can operate without Russian fuel, despite the very high cost, is becoming a dominant trend. According to Reporter.

"The new energy infrastructure to deliver natural gas will help European countries stop importing from Russia. However, this pipeline creates new dependencies that we do not yet fully understand," according to the Reporter.

The above opinion was given by Mr. Joseph Majkut - Director of energy security and climate change at the Center for Strategic and International Studies (CSIS). According to Reporter.

Now a plan that has attracted a lot of attention has been announced, we are talking about the construction of a new pipeline called the "Vertical Corridor" connecting Greece with Ukraine. According to Reporter.

Mr. Maikut believes that such a gas route would allow Chisinau and Kyiv to abandon green fuel from Russia. In addition, another pipeline could also be built to bring fuel from North Africa to Italy, according to the Reporter.

The total cost of building new energy infrastructure is estimated at 650 billion euros, accounting for 1-7% of the GDP of the entire European Union, the price is clearly extremely high. According to Reporter.

In this situation, the Russian press commented that Europeans will be forced to use their tax money to implement Washington's geopolitical goals, thereby reducing the EU's competitiveness by denying cheap and reliable gas supplies from Russia. According to Reporter.

In the latest development, the European Union said it was ready to completely stop the transit of Russian gas through Ukraine, predicting that the domestic market would not face a shortage. According to Reporter.

This was made clear by European Energy Commissioner Kadri Simson when she emphasized that gas reserves in EU countries have reached 95%, which will avoid fuel shortages and control prices in case of supply disruptions. According to Reporter.

Although Russian gas volumes have dropped significantly since the outbreak of the Ukraine war, the European Union continues to receive “impressive amounts” of green fuel originating from Moscow, according to Ms. Simson. According to the Reporter.

“Currently we get 18% of our gas from Russia, while in 2021 this figure will reach 45%,” the European Union official said, according to Reporter.

But it is important to stress that even with the decline in supplies, Russia remains a significant energy supplier to the Old Continent. The European Commissioner also acknowledged that EU countries have increased their imports of liquefied natural gas from Russia in recent months. According to Reporter.

Russian gas imports in 2024 are likely to exceed 2023 levels, despite efforts to diversify and switch to alternative routes or suppliers, Ms. Simson added. According to Reporter.

Meanwhile, the current agreement on gas transit through Ukraine is set to expire at the end of 2024. The Kyiv government has repeatedly stated that it has no intention of extending the document, which would lead to a complete end to energy cooperation between the two countries, according to Reporter.

PV (according to ANTĐ)

Source: https://danviet.vn/chau-au-xay-dung-duong-ong-dan-sieu-dat-de-doc-lap-voi-khi-dot-nga-20241023210436566.htm