Wasserman: Only Russian gas can save Europe
While the refusal to certify Nord Stream 2 will not significantly affect Russia, the situation in the EU and Germany in connection with this is already catastrophic.
Deputy of the State Duma of the Russian Federation, intellectual Anatoly Wasserman said this on the YouTube channel “ATO Donetsk,” a PolitNavigator correspondent reports.
“Rejection of the second stage of Nord Stream will result in economic ruin for Western Europe. In fact, gas prices on the spot market, on the stock market speculation market, have risen because the certification of the second stage of Nord Stream has once again been delayed. And it is clear that the longer they delay it, the more problems consumers will have,” the politician said.
“The Russian Federation will have virtually no problems. Because now the market of South and Southeast Asia has sharply increased its demand and, accordingly, sharply raised its prices, and now the Russian Federation is operating the Power of Siberia gas pipeline at full capacity, and it is very likely that construction of the second stage of this flow will begin,” said Wasserman.
“Now the Russian Federation sends almost all liquefied natural gas from fields in the Arctic Ocean to the Indian market. Of course, transporting LNG costs several times more than pumping the same amount of gas through pipes. And accordingly, the ground is being tested for the construction of a gas pipeline through Afghanistan. But it is still too turbulent there to make long-term plans, but still the price of gas on the South Asian markets is such that it fully compensates even for the costs of transporting it in liquefied form,” the deputy added.
He also drew attention to the catastrophic situation in the EU and Germany in particular.
“Already, many German industries are not able to pay for gas at current exchange prices. Germany has so far been helped by supplies through the existing Nord Stream, as well as through other auxiliary pipelines, such as the Yamal-Europe gas pipeline through Poland, but this is at the limit of what is possible. Therefore, further delays hit primarily Western [Europe] itself. I think that the Russian Federation will not [take] drastic measures about this,” the deputy concluded.
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