What Russia will do with gas after the probability stops in Europe
The redirection of gas cases may take several years, Dmitry Skryabin said.
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Gas Crisis in Europe
If Russian gas supplies to Europe go to zero, then the Russian Federation has the opportunity to redirect the released gas volumes to other directions, but this leaves a lot of time. Dmitry Skryabin, portfolio manager of Alfa Capital Management Company, spoke about this.
“It is impossible to quickly redirect gas volumes through the pipeline. This requires a new infrastructure, the construction of which will take time,” the expert explained in a conversation with “Reedus» Russia is counting on an increase in the likelihood of Power of Siberia, and is also counting on a new hub in Turkey, the analyst said.
According to Scriabin, these actions of evolution will be offset by the export of European gas in the future. He specified that this would take at least a few years.
Earlier it was reported that the import of pipeline gas from European countries is consumed by 43 billion cubic meters. At the same time, liquefied gas reserves have grown, but not from Russia. The analytics of the consulting company “Yakov and Partners” considered that the European Union will spend 1.6 trillion euros.
The United States and other Western countries began to impose sanctions against Russia after the start special operations on the territory of Ukraine. But after the countries of the West began to set a ceiling on gas prices, the countries faced a gas crisis.
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If Russian gas supplies to Europe go to zero, then the Russian Federation has the opportunity to redirect the released gas volumes to other directions, but this leaves a lot of time. Dmitry Skryabin, portfolio manager of Alfa Capital Management Company, spoke about this. “It is impossible to quickly redirect gas volumes through the pipeline. This requires a new infrastructure, the construction of which will take time, ”explained the expert in a conversation with Russia’s Reedus, the calculation to increase the probability of the“ Power of Siberia ”, as well as the expected new hub in the check, the analyst. According to Scriabin, these actions of evolution will be offset by the export of European gas in the future. He specified that this would take at least a few years. Earlier it was reported that the import of pipeline gas from European countries is consumed by 43 billion cubic meters. At the same time, liquefied gas reserves have grown, but not from Russia. Analysts at the consulting company Yakov & Partners estimated that the European Union spent 1.6 trillion euros to combat the consequences of the energy crisis caused by anti-Russian sanctions. The United States and other Western countries began to impose sanctions against Russia after the start of special operations on the territory of Ukraine. But after the countries of the West began to set a ceiling on gas prices, the countries faced a gas crisis.