Europe should avoid dependence on Russian gas. This was announced on Wednesday, December 8, by British Foreign Secretary Liz Truss, speaking at the Royal Institute of International Affairs (Chatham House).
“If Russia achieves its goal, Europe will increasingly hang on the hook of its gas … We need to avoid strategic dependence on Russian gas,” RIA Novosti quotes the Foreign Minister.
According to Trass, the European Union relies on the Russian Federation for the supply of more than 40% of the gas, RT reports.
Earlier that day, the price of gas in Europe at the exchange trading exceeded $ 1200 per 1,000 cubic meters for the first time since October 18, the website aif.ru reports.
The cumulative increase in gas prices in Europe compared to the closing price the day before amounted to 9%.
Last Tuesday, the price of gas in Europe reached almost $ 1129.4 per 1,000 cubic meters. m, and the overall growth of this indicator in comparison with the closing price on the previous day was about 7%.
In early October, blue fuel set a historic record, breaking the mark of $ 1900 per thousand cubic meters, writes Pravda.Ru.
Dmitry Skryabin, portfolio manager of Alfa Capital, expressed the opinion that if the winter in Europe is cold, the region may face a shortage of gas at the end of the heating season. He noted that, according to the latest data, the selection of blue fuel from European underground gas storage facilities (UGS) in November reached its maximum level over the past five years – 11.2 billion cubic meters. m. Managing partner of WMT Consult Ekaterina Kosareva believes that gas prices in Europe will continue to grow.
On December 6, Gazprom said that European countries spent almost a quarter of the gas volumes that were pumped into UGS facilities this year. The approximate value is equal to 23.4%.
At the end of November, the head of the contract structuring and pricing department at Gazprom Export, Sergei Komlev, said that the acute shortage of LNG is one of the reasons for the gas crisis in Europe. According to him, the shortage has led to higher prices by regional players.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
