According to the Russian gas monopoly, blue fuel will be in demand in the world for a long time to come.
According to Russkaya Vesna, the chairman of the board of directors of Gazprom, Viktor Zubkov, said that the plans of the European Union for a complete transition to renewable energy sources are not destined to come true in the near future.
“The prices for ‘blue fuel’ are breaking records, and a number of experts are calling for an end to investments in oil and gas projects. Populist slogans call for following the “green European dream”, in fact, this is a utopia”, Zubkov said, speaking on Thursday at the session of the Eurasian Economic Forum, noting that in the foreseeable future gas consumption will only increase”. Natural gas will be in demand for many years to come”.
Recall that spot gas prices in Europe in recent months have increased by an order of magnitude, and on October 6, they even reached a historical maximum of 1937 dollars per thousand cubic meters. Thanks to Russia’s plans to start pumping gas into Gazprom’s storage facilities abroad, at the moment the price has dropped and is about $900 per thousand cubic meters.