The President of Bahía Bizkaia Gas and Deputy Director of Enagás, Juan Andrés Díez de Ulzurrun, warns that the gas price “will continue to rise” and commits to allow the Basque Country to exploit its own resources, citing gas from the Alava subsurface.
Euskaraz irakurri: Enagasek Gaviota platform guztiz beteko du neguan gas hornidura bermatzeko
Enagás will use the . to fill Gaviota underground storage for the delivery of natural gas this winteras announced by the President of Bahía Bizkaia Gas and Deputy Director of Enagás, Juan Andrés Díez de Ulzurrun.
Díez Ulzurrun made this announcement at the conference “Natural gas, geopolitics and competitiveness” organized by the Bilbao Chamber.
The gas director has expressed doubts about whether the “Iberian exception” to put a cap on the price of gas, which he has described as “intervention”, “passes the bill” domestic or industrial. will continue to rise“From my perspective it will take to get back to the prices of a few years ago,” he warned.
“Some of the planned measures are ‘trapped’ by the agents” who intervene in that market, he explained. He recalls that first there was a 40% cut in the bill, then expectations were lowered to 15% and “so far the result has not been seen,” he insisted.
Such as a solutionhas chosen to explore “zero-kilometer indigenous sources” in the Basque Country in relation to the gas produced in the subsoil of Alava “Let’s not waste time. What we need to do is explore it as soon as possible, starting with small investments,” he insisted.
According to Díez Ulzurrun, to extract that gas you can “go to large-scale investment projects”, which would be supported by the existing Basque gas pipelines and the water reserves that this community enjoys and that is necessary for these works.
Given this situation and the crisis with Algeria (the Spanish state imports 10.3% of the gas) has said that “it is up to” to solve it diplomatically for Spain, and in the case of Russia “it is up to the European Union”, but it has warned that “in to replace this entry” “there will be struggle and competition” between countries. As an example, he cited Italy, which, in the light of the crisis between Spain and Algeria, “has gone after the gas of the North African country”.
As for the position of Russia as the world’s largest exporter of natural gas and the EU’s attempt to find other trading partners to supply it with this energy has maintained that Russia has gas reserves “to give and take”, and is already looking for an alternative European market in China. “Russia is very autarkic, it will not affect its economy much because it has only 20% of the commercial relations with the outside world,” he said.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
