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Tuesday, May 24, 2022
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Russia ahead and Europe behind

Infrastructure of the completed Nord Stream 2 gas pipeline in northern Germany.

Photo: GLOBAL LOOK PRESS

The capacities of the pipeline will now participate in the country’s gasification program, the Russian gas giant announced on its telegram channel:

“Gazprom has decided to use excess Russian onshore gas transmission capacity from the Nord Stream 2 project to develop gas supply to the northwestern regions of Russia,” the company notes.

Such a decision is a common market analysis. Yes, Europe cannot drastically abandon Russian gas, but it will do everything to do so as soon as possible, which is why the doubt arose about using the already laid pipelines for the benefit of the internal market, General Director of the National Energy Security Fund Konstantin Simonov said in an interview with the KP:

– Gasification has always seemed to be a kind of burden for Gazprom, because it is necessary to invest a lot of money in small and medium-sized gas pipelines. But now the domestic market can turn out to be quite significant in a situation where exports will be physically reduced.

Now gasification is becoming Gazprom’s number one task, says Sergei Pikin, head of the Energy Development Fund. This is beneficial both for the company itself and for the people of the country.

– The internal market will not go anywhere, there will never be sanctions. This is on one side. On the other hand, residents of the Northwest who receive gas benefit. There are gas pipelines there, but they have always been mainly export-oriented, and gasification was the second stage for us.

Director of the Energy Development Fund Sergey Pikin.

Photo: Personal page of the hero of the publication in the social network.

At the same time, Gazprom does not cut off relations with the West. In its statement, the concern points out that if the German side agrees to start up the offshore part of the pipeline, the gas will continue to go to Europe, but with reservations:

“Only one gas pipeline line can be put into operation with 100% load. Commissioning of the second offshore string of the Nord Stream 2 pipeline may not begin until 2028.”

This statement is more political than practical, notes Sergei Pikin. According to the expert, reality shows that such a development of events is almost impossible:

– Rather, the task is to minimize losses from the use of other gas pipelines by 2028. Nord Stream 2 is out of the question in principle. As a project it is buried. It can and will be revived in the future, but what it will be like, and if it will be at all, is impossible to predict. The level of uncertainty is simply overwhelming.

KP REFERENCE

Nord Stream 2 is a gas pipeline that runs along the bottom of the Baltic Sea from Russia to Germany. It consists of two threads of 1234 km. Its construction was stopped several times, including for political reasons, but at the end of last year, however, it was completed. However, its launch was frozen in February, and at the end of March it became known that the pipeline operator Nord Stream 2 AG would go bankrupt.

READ ALSO

Gazprom uses the capabilities of Nord Stream 2 to supply gas to northwestern Russia

In the case of Germany’s decision to start up the gas pipeline, only one branch can be included in the work, the company specified (more)



Source: www.kp.ru

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