The IEA told how Russia can help alleviate the gas crisis
MOSCOW, October 7 – PRIME. Fatih Birol in an interview with the Financial Times told Fatih Birol in an interview with the newspaper Europe, which usually falls in the winter.
“Fatih Birol … said … that, according to the analysis of the agency (IEA – ed.), Russia can increase exports by about 15% of the peak winter supply,” the newspaper writes.
Birol that Russia is a reliable gas supplier. He referred to the words of Russian President Vladimir Putin, who, if necessary, artificially accelerated the use of gas supply on the market, but to do it carefully.
“If Russia does what it said yesterday and increases the volume of supplies to Europe, it will have a calming effect on the market. I’m not saying that they will do it, but if they want, they have such an opportunity,” Birol said.
In addition, the head of the IEA notes that not only Russia is responsible for the limited supply. The industry was also negatively affected by weather conditions and long-term maintenance of various projects. Birol noted that the authorities need to ensure consumers from a jump in prices for short-term, long-term, record-high gas prices, push countries to switch to alternative sources of fossil fuels.
Gas prices in Europe have risen sharply in recent months. Back in early August, the price of the nearest futures on the Dutch TTF index was about $ 515 per thousand cubic meters. On Wednesday, gas futures prices in Europe approached $ 2,000 per thousand cubic meters, but lost more than $ 600 by the end of trading amid Putin’s statements.