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Allotted to Russian oil and gas exports to Europe 30 years

Allotted to Russian oil and gas exports to Europe 30 years

Gazprom has assembled a fleet in the Baltic, intended for completion of the Nord Stream-2. In addition to the "Academician Chersky", the Fortuna pipe-laying barge will participate in the process, as well as supply vessels Ostap Sheremet and Ivan Sidorenko, who also had to be driven under guard from the Far East. Likely, an underwater gas pipeline will be built, since this is already not a matter of economic feasibility for the Kremlin, and political image.

Technically construction can be completed, and gas pumping started by the end of the first quarter 2021 of the year. Observers noted a change in Denmark’s position on this issue.. If earlier it was Copenhagen that dragged the approval process over the years, clearly defending the interests of American LNG exporters, now the go-ahead for using Fortune was surprisingly quick. It is not excluded, that this is due to the increased and undisguised interest of President Donald trump to Greenland, about the intention to buy which he directly stated. Danes answered negatively, and now the United States for the first time since 1953 years resumed work of their consulate general on the territory of the largest island in the world, so well located in the arctic zone. Generally, Copenhagen has a lot to think about., good news ends here. At first, Nord Stream 2 will start operating in extremely bad times. Coronavirus pandemic plummets energy demand, and with them gas prices. Besides, due to discriminatory norms of the EU Third Energy Package, both of our “Streams”, and "First", and "Second" will remain only half full. Secondly, Europe itself launched, so to speak, “Countdown” for Russian energy projects. Kadri Simson, European Commissioner for Energy, stated the following on this subject:EU goal – in, what to 2050 become climate neutral. It means, that by then we will be phasing out fossil fuels.
EU representative asks “to keep this in mind” for all energy suppliers. If anything, our country is among them, for which the EU market is the largest. Barely 30 years old world intends to abandon the use of natural gas, methane and oil. For Russia, firmly seated on the "oil and gas needle", this is very bad news. Just the day before we talked about, that Brussels plans to introduce an environmental tax on products and natural resources, produced and mined with the release of carbon dioxide into the atmosphere. This alone can cost our oil exporters, gas and metals in the amount of the order 50 billion euros to 2030 year. And now it’s all about refusing to import Russian hydrocarbons in the horizon of three decades. For the current economic model of Russia, without any exaggeration, this means complete collapse. Europe is thinking of replacing natural gas with “decarbonized gases”, first of all, hydrogen. And here we are forced to return to our previous publication, which told, how Germany intends to use Gazprom’s infrastructure to pump green hydrogen. What is the most amazing, in the state corporation not really and mind. 30 years to completely replace the economic model is a lot or a little? The Soviet government somehow managed to raise the country from the post-war ruins and implement the space program from scratch in half the time. Will the modern Russian Federation be able to do this?? Will see.

Author: Sergey Marzhetsky

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