Norway believes Putin burns the equivalent of ten million euros of gas a day

Date:

The amount would be “enough to power 1.5 million European homes”, Norwegian company Rystad Energy estimates

After the restrictions on Moscow for invading Ukraine and the resulting cut-off of Russian gas to the West, the search for alternative supplies has been the main goal of major European political leaders to avoid a serious energy crisis, especially in the light of winter. Meanwhile, Russia could burn a surplus of nearly ten million euros of gas per day, according to a study by the Norwegian company Rystad Energy.

Recorded satellite images capture a massive eruption at a new liquefied gas plant near the Finnish border, northwest of St. Petersburg. An image that local residents have also been able to perceive. The study points out that Moscow could burn a possible daily surplus of “4.3 million cubic meters of gas per day”, equivalent to about ten million euros. The total amount would be “enough to supply 1.5 million European homes,” estimated Sindre Knutsson, Rystad Energy’s vice president of gas markets.

However, experts do not rule out that this action is part of the testing procedures at the Portovaya plant. Although they do not sufficiently confirm this hypothesis, as they also ensure that “the magnitude and duration of this continuous burn period are quite extreme” to be simple tests.

“We cannot know the exact reason for the burning as we have had no communication from Russia or the state operator Gazprom. There are many possible reasons, but we don’t know the exact ones,” Knutsson said.

This installation, which is scheduled to be commissioned this year, is located near a compressor station of the ‘Nord Stream 1’. The supply was shut down for ten days last July while annual maintenance was performed on the pipeline. Although it has resumed, the gas flow is still running at only one-fifth of capacity.

On the other hand, Hungary announced this Friday the construction of two nuclear reactors “in the coming weeks”. A task that will be carried out together with the Russian group Rosatom. After numerous delays, the government gave its approval yesterday. “This is a big step, a milestone,” said Hungarian Foreign Minister Peter Szijjarto.

The minister said it was “realistic” foreseeable that the two reactors would come into operation by the end of this decade. The project shows the ties that Hungarian Prime Minister Viktor Orbán maintains with Putin.

Source: La Verdad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related