Russian oil and gas exports to Europe allotted only 30 years

Gazprom assembled a fleet in the Baltic Sea intended for the completion of Nord Stream-2. In addition to the Academician Chersky, the Fortuna pipe-laying barge will participate in the process, as well as the supply vessels Ostap Sheremet and Ivan Sidorenko, which also had to be driven from the Far East under guard. Most likely, an underwater gas pipeline will be built, since for the Kremlin this is no longer a question economic expediency, and political image.

Technically, construction can be completed, and gas pumping started by the end of the first quarter of 2021. Observers noted a change in Denmark's position on this issue. If earlier it was Copenhagen that dragged on the approval process for years, clearly defending the interests of American LNG exporters, now the go-ahead for using Fortune was surprisingly quick.

It is possible that this is due to the increased and undisguised interest of President Donald Trump to Greenland, about the intention of which he directly stated. The Danes answered negatively, and now the United States for the first time since 1953 resumed the work of its Consulate General on the territory of the largest island in the world, so well located in the Arctic zone. In general, in Copenhagen there is something to think about.

Perhaps this is good news end up.

At first, Nord Stream-2 will start operating at an extremely bad time. Due to the coronavirus pandemic, energy demand has fallen, and with it gas prices. In addition, due to discriminatory provisions of the EU’s Third Energy Package, both of our “Streams”, and “First”, and “Second” will remain only half full.

Secondly, Europe itself has launched, so to speak, a “countdown” for Russian energy projects. Kadri Simson, European Commissioner for Energy, said the following:

The EU’s goal is to become climate neutral by 2050. This means that by then we will be phasing out fossil fuels.

The EU representative asked “to keep this in mind” of all energy suppliers. If anything, this includes our country, for which the EU market is the largest. In just 30 years, the 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 told that Brussels plans to introduce an environmental tax on products and natural resources produced and extracted with the release of carbon dioxide into the atmosphere. This alone can cost our exporters of oil, gas and metals in the amount of about 50 billion euros by 2030. And now we are talking 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,” primarily hydrogen. And here we are forced to return to our former ARTICLESin which they told how Germany intends to use the infrastructure of Gazprom to pump green hydrogen. What is most surprising is that the state corporations do not really mind.

30 years to completely replace the economic model - is it 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? We will see.
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  1. King3214 Offline King3214
    King3214 (Sergius) 10 July 2020 11: 27
    Europe is the largest market. So far the largest.
    It is believed that Southeast Asia will become the largest market for oil and gas consumption in a few years. And then Europe will have to "eat leftovers", receive hydrocarbons according to the "residual principle." So let's see how they will be "climate neutral" and how much this "neutrality" will cost them ...
  2. Bakht Offline Bakht
    Bakht (Bakhtiyar) 10 July 2020 11: 55
    30 years is not just a "long" period. This is a "huge" term. The world is changing almost daily. It is understandable that Russia will have problems. Hardly fatal. But what problems will the transit countries have after the entry into force of the SP-2? And after the EU abandoned hydrocarbons?

    since this is already not a matter of economic feasibility for the Kremlin, but of a political image.

    - already filled her mouth. This is an economically sound project. Poland wanted a 30-year (!!!) gas transit contract. It’s ridiculous. And this is after the trial to change the price of transit. Gazprom expectedly refused to participate in the tender, but there were no other participants. So, transit through Poland also ends in 2021. As well as gas supplies to Poland. This is where Poland’s politically motivated decision without a single economic component.
    I did not expect anything unexpected in the behavior of Poland and Ukraine. And nothing unexpected happened. The EU wants to live without Russian hydrocarbons - a flag in hand and a wind in a hunchbacked back.
  3. Dima Dima_2 Offline Dima Dima_2
    Dima Dima_2 (Dima Dima) 10 July 2020 12: 35
    As I understand it, they want to use hydrogen for the accumulation of excess energy from renewable energy sources. Such a mega battery. But the technology is still very raw, economically difficult to justify. So it’s not so simple.
    1. Marzhecki Online Marzhecki
      Marzhecki (Sergei) 11 July 2020 10: 52
      They have 30 years ahead and a huge scientific, industrial and financial potential ...
  4. 123 Offline 123
    123 (123) 10 July 2020 12: 38
    Firstly, Nord Stream-2 will start operating at an extremely bad time. Due to the coronavirus pandemic, energy demand has fallen, and with it gas prices. In addition, due to the discriminatory norms of the EU’s Third Energy Package, both of our “Streams”, and “First”, and “Second”, will remain only half full.

    Do you think the pandemic is forever and the demand will remain the same? First of all, the possibility of pumping is important, all "packages" will be removed without a Ukrainian pipe and without gas. Today on the site they wrote, "The first" pumps above the design capacity.

    Secondly, Europe itself has launched, so to speak, a “countdown” for Russian energy projects.

    It is possible that the European Commissioner for Energy considers himself to be an elf feeding on nectar and moonlight, but this does not mean German industry will be able to work without energy and the houses of Europeans will be warmed by the smile of this amazing Estonian woman.

    Europeans want to switch to hydrogen or firewood, anyway to go after them to Siberia.
  5. GRF Offline GRF
    GRF 10 July 2020 14: 15
    30 years ago the EU did not exist, in 30 years the EU as an organization may not become, unlike the cold, for the fight against which the "antediluvian" means will be relevant ...
  6. Oyo Sarkazmi Offline Oyo Sarkazmi
    Oyo Sarkazmi (Oyo Sarkazmi) 10 July 2020 22: 30
    30 years ago there was the USSR with empty shelves and the noble de Bill Gorbachev.
    In 30 years there will be an EU with empty shelves and no less noble de ... Commissars. For there will be nothing to pay for Chinese goods, and there is nothing to produce their own on.