AMERICANS “SWITCHED” VALVES AND EUROPEANS: What is the key reason that led to the energy disruption in the EU and why gas prices are going wild

The GAS crisis was not caused by energy or economic reasons, but by geopolitical ones. It was caused by the intention of the United States to harm Russia. That is why they are pressuring European countries not to buy blue energy from Russia. EU countries did not conclude agreements with “Gazprom”, nor did they provide gas reserves, and they were in a situation to be left without it.

Vojislav Vuletić, President of the Assembly of the Gas Association, said this in a conversation for “Novosti”, emphasizing that there is no shortage of blue energy on the market:

– Russia has fulfilled all agreed obligations regarding the delivery of natural gas. Then it redirected the quantities that the EU could supply to China. Europe expected to get gas from the United States, which, by the way, does not have enough for itself. Last winter, for the needs of Massachusetts and Boston, they imported this fuel from Russia. What was planned for Europe, the Americans exported to the Asian market, because they paid more there.

In circumstances when many EU countries have run out of gas and demand is growing, stock traders are raising its price. Those countries that, as Vuletic says, turned out to be naive, have to pay three times more for that fuel than would be normal. Austria signed a contract with “Gazprom” for 20 years, and Hungary for 15 years. Vuletic emphasizes that this is how sovereign countries do. Russia meets 35 to 40 percent of Europe’s blue energy needs. The EU supplies the same amount from its sources, Norway, the Netherlands and Scotland, and the rest is imported from Algeria, Qatar, Azerbaijan and the USA.

Vuletic points out that the commissioning of the “North Stream 2” gas pipeline, which is supposed to deliver Russian gas to Germany and Europe, would solve the problem of supplying the EU, because its capacity is 55 billion cubic meters of gas per year:

– What prevents the beginning of his work are American games in which both Poles and Ukrainians are involved. In essence, damage is being done to Europe, and especially to Germany, because they are most interested in Russian gas, because they are shutting down nuclear power plants and wanting to replace them with gas power plants.

By the way, on the eve of the arrival of increasingly cold weather, the price of gas on the stock exchange in recent days again exceeds $ 1,000 per thousand cubic meters.

ECONOMY GROWTH RAISES CONSUMPTION

SERBIA now consumes about 2.5 billion cubic meters of gas a year, and in the last few years slightly less than that. Consumption in our country is growing, because the economy is developing. The General Director of “Srbijagas”, Dusan Bajatovic, points out that there is an investment rush in our country, and adds that with the completion of the Belgrade-Valjevo gas pipeline, 100 million cubic meters of gas will be needed additionally, since there is an industrial part between Valjevo and Sremska Mitrovica.