Many factories are already closing

 

"Many factories are already closing": experts predicted a gas-free winter in Europe

Record fuel stocks will not save EU countries from an energy crisis-Russian News

"Many factories are already closing" Despite assurances from European government that the continent's underground gasoline reserves have reached report degrees, the continent's clients continue to fear about the risk of fuel failures inside the midst of winter cold. Even within the case of great energy savings, the last cubic meters of Europe run the danger of jogging out long before the onset of spring. With what assets will the EU countries be able to live on the approaching iciness and who will go through to begin with from the limit of Russian exports? The answer to those questions became given to MK by experts: Artem Deev, head of the analytical department at AMarkets, Alexey Fedorov, TeleTrade analyst, and Artem Tuzov, executive director of the capital marketplace department at IVA Partners Investment Company.Facebook

Despite the whole shutdown of the Nord Stream 1 fuel pipeline, which serves because the last widespread channel for the supply of Russian “blue gasoline” to the European Union, the injection of gas from our country into underground storage centers (UGS) within the countries of the Old World continues: according to Gas Infrastructure Europe, the EU reserves are almost complete by way of 85%. According to German Chancellor Olaf Scholz, more than ninety one billion cubic meters of fuel accumulated in storage facilities will allow the international locations of the continent no longer to freeze next wintry weather. Meanwhile, in "Gazprom" this conclusion was known as into question. According to the Russian enterprise, a dependable passage of the approaching autumn-iciness season to European international locations isn't guaranteed even through close to most gasoline reserves in underground storage centers. Many global specialists proportion this skepticism. According to the forecasts of the professional analytical corporation ICIS, if Russia does no longer resume gasoline elements, then approximately one hundred sixty fuel storage centers placed in 18 EU nations will speedy come to be empty. And the shares of many nations with which the EU has a not unusual deliver chain, along with the United Kingdom, Switzerland and the Balkan nations, may be used up till March 2023.Covid

- European leaders, usually German Chancellor Olaf Scholz, argue that the nations of the continent are capable of get through the subsequent heating season even without supplies from Russia. Independent European specialists agree that the UGSFs inside the EU are 83% full, but warn that this degree is most effective enough to cover a 5th of the EU's annual intake. And already in February 2023, EU gasoline garage centers may be empty. To what extent are such fears justified?Facebook