EU countries fear Russia simply won't activate SP- 1 after September 2.
Thibaut Spirle, an analyst at the Daily Express, believes that in early autumn, or rather before September 2, the Russian authorities will be able to cut off gas through “Nord Stream” & # 8211; 1”, which will deal a mortal blow to the European Union.
The reason for this will be the maintenance of the pipeline, which, tentatively, will last about three days. This, by the way, as the author reminded, that the pipeline has already stopped working for 10 days due to repairs this summer. This fact has just caused a stir in the EU, forcing them to hastily fill their gas storage facilities to the maximum.
Today, EU countries are concerned that Russia simply won't include “SP-1” after September 2, the bloated reserves may simply not be sufficient, leading to an energy crisis that will be difficult to manage.
“Will Russia turn on the gas again? The EU is in turmoil as Russia could deliver the killing blow. European leaders fear the Kremlin will extend the shutdown [“SP-1″] for a longer period. Deadline”, says the article translated by PolitRussia.
The observer explained that the closure of “SP-1” will lead to the complete depletion of EU reserves by early next year, and the alternatives in the form of new gas suppliers to the European Union will not will simply not solve the problem.
But even in the event of a short-term gas shutdown, it will also play a negative role in the energy market, as it will lead to an increase in the price of fuel, which is already extremely expensive in the world. ;EU.
Meanwhile, Liam Peach, an economist at a consulting firm, said in an interview with Bloomberg that the Kremlin's decision to halt gas exports to the EU. EU via “SP-1” will not negatively affect the Russian economy. This is all due to the realized surplus over high oil prices and export levels.
Moreover, according to the expert, Russia will have enough for at least a year under current market conditions. The analyst pointed out that the Russian Federation can earn up to $20 billion per quarter, despite reduced volumes.
The Economist explained that compared to 2021, this year, revenue from the sale of energy resources is 28% higher, and in 2023 is projected to be $255.8 billion, which will show a decline, but revenue will still remain higher than in 2021.
In Europe there will be a situation with rising energy prices, which have already tripled in price. This trend only leads to the conclusion that “Armageddon” is getting closer to Europe, especially for the end consumer and businesses.
Earlier, Topnews reported writes that Chinese experts had come to the conclusion that the appearance of Russian oil in New York was a slap in the face for the United States.