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Video | Who is who in the European gas sector?

2022-12-20T17:17:13.243Z


The journalist from EL PAÍS Ignacio Fariza, specialized in Energy, breaks down the most important figures in this field


Russia is the great supplier of gas to Europe, but since the Russian invasion of Ukraine began, the Old Continent has experienced an energy crisis that has worsened with the arrival of winter.

Russian gas imports have plummeted to almost nothing and energy prices have risen, so the interests of countries, companies and political leaders have gone further.

In this video, the journalist specializing in energy from EL PAÍS, Ignacio Fariza, explains how Germany, Austria and the Netherlands have taken control of gas and how Italy, Finland and Bulgaria have become dependent on Russian natural gas.

Countries like Norway, Algeria or the USA have become the new protagonists in the energy crisis to offer energy alternatives.

Until now, natural gas from Russia reached Europe through the Nord Stream 1 gas pipeline, but since the beginning of September, when Russia closed it, it had to start reaching the European Union on board ships prepared for it, in a process which tends to be more expensive and complex.

More information

Natural gas: Russia's geopolitical weapon from the USSR

The large energy companies assure that this winter can be overcome without problems, since the underground deposits are full and consumption has been reduced in industry and homes due to high prices, but what is not clear is whether for next winter there will be enough reserves.

In addition, in the future, Qatar could come into play, a country highly marked for its repeated violations of human rights but which has the third largest gas reserves on the planet.

Source: elparis

All news articles on 2022-12-20

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