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PORTUGAL

Economy Minister says Portugal can respond to “urgent problem” of energy in Europe

Sugar Mizzy May 24, 2022

The Minister of Economy and the Sea considered this security in “a fair that Portugal can urgently respond to the energy problem” in Europe, to the potential it can considerably have in relation to renewable energies and the bet on the port of Sines.

In a meeting with the political conception that took place this Tuesday in Sintra, where António Costa was present, António Costa Silva considered that the “invasion of Ukraine marked a new geopominister age”, where “clearly as geotectonic, international geopolitics, are moving”.

“But, curiously, for our country, due to its strategic position, we are recovering some of the great projects that can be differentiated for the future and, under the leadership of the Prime Minister, the Sines port project – for the converting it into a ‘hub’ for the reception of liquefied natural gas and carrying out a ‘transshipment’ of ships to northern Europe – could mark a novelty, putting Sines on the map of international interconnections”, he said.

In this session – the last minister within the scope of the meetings designated “On the way to Hannover, first before the Hannover Fair, organizer that starts this Sunday – the minister defended that “Europe has an urgent problem of energy security”, and Portugal has immense potential in terms of renewable energies”.

“We are a lot of expressions of interest, we probably won’t have in the future we will have artificial islands away from the coast, where you can have ‘offshore’ wind projects, wave energy with aquaculture down, and with the new grid economies, which can be transformative for the future”, he said.

Addressing the Hannover fair, in which Portugal participates this year as a partner country, Costa Silva defended that the right “will be another platform to affirm and consolidate the country’s image as an innovative country”.

Speaking before the Minister of Economy, the mayor of Sintra, Basílio Horta, also defended that Portugal “is having a good time”, hoping that “this moment is not just conjunctural, it is structural”.

“There is, therefore, that the context, it is necessary to encourage more and more knowledge, research, connection with companies, competition, knowing the context costs and solving them. (…) and we hope, we trust, that this moment is the beginning of a strong recovery that we deserve, that the country deserves and that the country expects so much”, said the mayor.

Basílio also wanted to congratulate António Costa on the project for the port of Sines, which turned out to be “a diamond that has been cut”.

The idea of ​​putting from Sines to receive the large tankers of gas tanks, and transferring them to make smaller ones and “can supply the and the Baltics with the power of the north, ships so made to ships of Russian origin” , the separation from Russia is done to large ships, to large ships the separation from Russia is done, “a big decision, I decide it heartily: for the economy and for the policy that corresponds to it”, he said.

Speaking also to the businessmen who were present at and which will take place at the Hannover fair, the ambassador in Portugal, Martin Ney, was “satisfied and a little introduced” for having helped in this year’s Portugal edition of the Hannover fair.

“The Hannover Messe is a platform, it’s a marketplace, how companies can find new partners: this is particularly important. which means safer supply chains,” he said.

Thanking António Costa for “grasping the huge opportunity to show the capabilities of Portuguese industry at the largest industrial fair in the world”, Martin Ney also said that the right thing is “the best platform for companies to form new partnerships and find new customers”.

Hannover Messe’22 starts this Sunday and ends on Friday. This year, Portugal was chosen as a partner country.

In this context, António Costa will move to Germany on Monday to the German city with the chancellor of Germany Olaf Scholar to inaugurate the fair.

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