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IEA boss sees Russia permanently weakened: "Has lost the energy battle"

2023-03-05T09:42:40.319Z


The head of the International Energy Agency sees Russia's role permanently weakened. He also touches on Europe's mistakes.


The head of the International Energy Agency sees Russia's role permanently weakened.

He also touches on Europe's mistakes.

Paris – Russia's war in Ukraine is leaving its mark.

After the West turned away from Russian oil and gas, Fatih Birol, head of the International Energy Agency (IEA), sees Russia permanently weakened, reports the German Press Agency (dpa).

"Russia has lost the energy battle," Birol told French newspaper

Liberation

in Paris on Saturday .

Oil and gas exports have fallen by 40 percent since the start of Russia's war of aggression against Ukraine.

And that's just the beginning, because the Russian oil and gas fields are technically and geologically complex.

They needed the technological support of international experts.

"However, they have withdrawn from Russia." Since the fields did not receive the necessary technological support, production will decrease in the medium term.

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Russian President Vladimir Putin attends the opening ceremony of the Kovykta gas field.

(archive photo)

© ZUMA Wire/Imago

News in the Ukraine war - Expert sure: Russia has lost the energy battle

Russia cannot simply replace the EU, once the largest customer, with Asia, said the IEA boss.

“Trading energy is not the same as selling onions.

If you lose your biggest customer overnight, you have to find others to compensate, but you also need new infrastructure to transport the energy.” It will take years to build pipelines from western Siberia to China build.

"Russia's role in international energy affairs will be much less important in the future," Birol said.

Europe has made two strategic mistakes in its energy supply in recent decades.

One was to become so dependent on a country, and worse on a country like Russia.

"The second mistake, I think, is that several European countries wanted to abandon nuclear energy, even though it is a national source of electricity generation." The energy crisis has given a boost to renewable energy in Europe, and not just for climate reasons.

"Today, the governments have understood well that they also enable security of supply and independence." (slo/dpa)

Rubric list image: © ZUMA Wire/Imago

Source: merkur

All news articles on 2023-03-05

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