Europe is building an extremely expensive pipeline to achieve "independence from Russian gas."

Europe is building an extremely expensive pipeline to achieve "independence from Russian gas."

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

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

Europe is building an extremely expensive pipeline to achieve "independence from Russian gas."

European Union countries need to move quickly toward complete independence from Russian gas, especially as winter approaches and tensions between the two sides escalate. (According to The Reporter.)

In this context, the idea of ​​building new gas pipelines that can operate without fuel, despite the very high cost, is becoming the dominant trend in Russia. (According to Reporter.)

"New energy infrastructure to supply natural gas will help European countries stop importing from Russia. However, this pipeline will create new dependencies that we don't yet fully understand." According to The Reporter.

The above opinion was expressed by Joseph Majkut, Director of Energy Security and Climate Change at the Center for Strategic International Studies (CSIS). (According to Reporter.)

Currently, a plan that has attracted much attention has been announced: the construction of a new pipeline called the "Vertical Corridor" connecting Greece with Ukraine. (According to Reporter.)

Mr. Maikut believes that such a gas pipeline would allow Chisinau and Kyiv to abandon green fuel from Russia. Additionally, another pipeline could be built to bring fuel from North Africa to Italy. (According to Reporter)

The total cost of building new energy infrastructure is estimated at around 650 billion euros, representing 1-7% of the entire European Union's GDP – a price that is clearly extremely high, according to The Reporter.

Given this situation, Russian media commented that European citizens will be forced to use their tax money to pursue Washington's geopolitical goals, thereby reducing the EU's competitiveness by rejecting the cheap and reliable supply of natural gas from Russia. (According to Reporter.)

In the latest development, the European Union has indicated its readiness to completely halt the transit of Russian gas through Ukraine, anticipating that its domestic market will not face shortages. (According to Reporter.)

This was stated by European Energy Commissioner Kadri Simson, who emphasized that gas reserves in EU countries have reached 95%, which will prevent fuel shortages and control prices in the event of supply disruptions. (According to Reporter)

According to Ms. Simson, although Russian gas volumes have decreased significantly since the outbreak of the Ukraine war, the European Union continues to receive “an impressive amount” of green fuel sourced from Moscow. (According to The Reporter.)

European Union officials stated clearly: "Currently, we receive 18% of our gas from Russia, while in 2021 this figure will reach 45%." According to Reporter.

But it's important to emphasize that even with declining supply, 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.

Ms. Simson added that Russia's gas imports in 2024 could exceed 2023 levels, despite efforts to diversify and switch to alternative routes or suppliers. (According to Reporter.)

Meanwhile, the current agreement on gas transit through Ukraine is set to expire at the end of 2024. The Kyiv authorities have repeatedly stated they have no intention of renewing the agreement, which would lead to the complete termination of 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