12/31/22

Permalink IEA: 2023 does not bode well for EU and Ukraine

Elena Panina (Елена Панина) | The head of the International Energy Agency Fatih Birol predicted a sharp intensification of the energy crisis at the presentation of the report "How can the European Union avoid natural gas shortages in 2023? Europe and Ukraine will be among the hardest hit, according to the Turkish Milliyet. The main negative factor for the EU is a complete rejection of Russian gas in 2023. The gap in supply and demand will be at least 30 billion cubic meters. Nor will LNG suppliers help, due to low capacity growth and increasing demand in China. The IEA head's prescription for Europe looks mocking - increase energy efficiency and change the consumer's behaviour. In other words, to reduce consumption even more and to develop renewable energy with more zeal. Plus we can try to get wasted gas from Algeria and Egypt. Note that this entire European crisis is entirely man-made. After all, the rejection of Russian gas was directed - at the behest of Washington. The EU decided to punish Russia, but it punished itself. That is why there is absolutely no pity. As for Ukraine, things will be much worse there. The country has lost its political sovereignty and allowed itself to be turned into a battering ram against Russia. Now it will lose everything, including statehood. (DeepL.com/)

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