All the European schizophrenias about Russian gas
What lies behind the gas tensions between the EU and Russia. Italics by Giuseppe Gagliano
Once again – assuming that there was a need – reality confirms the infinite weakness of the European Union in terms of energy autonomy vis-à-vis Russia. Its inherent fragility.
What are we alluding to?
Deliveries of Russian natural gas to Germany via the Yamal-Europe pipeline have been completely stopped.
In fact, according to the Russian news agency Interfax , Gazprom on December 20 authorized the export of only 3.8 million cubic meters of gas and this led to a new increase in gas prices in European energy markets, driving up the cost. to over $ 1,700 per 1,000 cubic feet. Percentage, this increase in gas prices can be quantified as 70% more than in September.
The Yamal-Europe pipeline crosses Belarus and Poland to reach Germany. If we consider that the pipeline is capable of carrying something like 89 mm3 per day, this means that up to now the pipeline has used only 4% of its capacity.
If this has happened, the responsibility, however, does not lie with the Russian multinational but is – apparently – with the bureaucratic shackles of the European Union which are three times that of our country.
In fact, Germany must establish compliance with German European legislation by issuing an adequate certification that can be issued to the Russian energy giant only if it creates a branch in Germany where it transfers its funds. Until this certification is issued by the competent authority, the multinational will not be able to export its gas.
In other words, beyond the rigor of European regulations, these are actually damaging the European Union itself and Germany. Certainly not the Russian multinational.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/energia/unione-europea-gazprom-yamal/ on Wed, 22 Dec 2021 08:22:18 +0000.