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Pipeline Funnel in European Union
Pipeline funnel in European Union
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FAQs online signature
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Can Europe survive without Russian gas?
Replacing 130 bcm of natural gas imports from Russia within a year would be a significant challenge, but, as our rough estimates show, not impossible.
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Can the world manage without Russian oil?
We conclude that an end to imports of Russian coal is highly manageable, an end to oil imports is manageable but with potentially complex international consequences and hence a strong need for international cooperation which will not be easy, while an end to natural gas imports would result in a difficult scenario, ...
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What alternatives does Europe have to Russian gas?
The European Union is producing all-time highs of wind and solar energy as the 27-country group works to reduce its reliance on fossil fuels from Russia. Four months after Vladimir Putin's full-scale invasion of Ukraine in February 2022, the European Commission launched REPowerEU.
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What country built the Nord Stream pipeline?
The Nord Steam pipeline project began in 1997, when Gazprom and Finnish oil company Neste formed the joint company North Transgas Oy for the construction and operation of a gas pipeline from Russia to northern Germany across the Baltic Sea. North Transgas Oy cooperated with the German gas company Ruhrgas.
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What happened to the Nord Stream pipeline?
HOW WERE THE PIPELINES DAMAGED? On Sept. 26, 2022, Swedish seismologists registered several blasts, some 17 hours apart, off the Danish island of Bornholm that ruptured three out of four lines of the Nord Stream system, sending plumes of methane into the atmosphere.
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Will Europe have enough gas for winter?
ing to research published by Moody's this month, the EU had record high gas stocks of around 97.5% at the end November 2023, meaning both very low risk of energy shortages this winter and a strong position for the next cold season, analysts found.
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What would happen without Russian gas?
For the same reasons, disruption to Russian gas would lead to the risk of physical shortages in Europe, while the corresponding risk for oil is much less acute. Second, gas is also particularly important to the UK and other EU countries for heating and electricity.
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Why did Germany build Nord Stream?
The pipeline was built to increase gas exports towards Europe, aiming to double annual capacity.
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Denmark Poland and Sweden say they believe leaks in two major Russian gas pipelines to Europe are the result of sabotage nordstream 1 and 2 which carry supplies onto the Baltic Sea aren't currently operational but do still contain gas seismologists reported underwater blasts before the leaks emerged and Ukraine has accused Russia of causing the Lake's authorities in Denmark have said it will be one or two weeks before the nordstream leaks can be inspected well for more in this story let's bring in Mike fulwood who is a senior research fellow at the Oxford Institute for energy studies thank you very much for joining us today so an accidental leak or leaks or sabotage your thoughts um it's probably most likely some form of sabotage if there was one incident of a pipeline rupture or leak then accidental damage could be a possibility it is very rare because the the most likely cause accidental damages is a pipeline so sorry it is a anchor being dropped drugging across the pipeline that that's happened but to have um three leaks within the 17-hour period doesn't sound like it could be accidental although theoretically it could be so probably some form of sabotage is more likely at this stage and how quickly do you think it will be possible to inspect the pipeline and when that happens will it be pretty obvious um whether or not it's it's sabotage um yeah I mean yeah I heard you say every one or two weeks before they can inspect it I imagine they're concerned about the the the natural gas and methane still leaking out of the pipe but um it is not not a particularly deep area the deep sea that area seems to be maximum depth 100 meters um but it seems to be less than that so maybe 50 60 meters depth which is Imagine is is relatively easily uh inspectable so um depending on when they choose to do so I I imagine you'd be able to see sort of what has happened how big the hole or how the pilot has probably broken apart I would imagine um even if an anchor was jumped across it would probably break the pylon apart so but you should simply see some evidence of what actually happened to the three sections of part one which have been ruptured now as we mentioned in the introduction um the pipeline isn't operational at the moment of the pipelines it's not affecting the gas flow therefore um what do you think the motivation for this could be if it is indeed sabotage as many governments believe yeah and I'm kind of stretching my head a little bit on the motivation I mean the there's obviously been accusations that Russia have done it um it seemed a little bit odd but they would damage their own pipeline when gas wasn't flowing through it unless it's the sort of send a message that uh you know be careful of your own pipelines this is what we can do to our own and I think the kremlin's accused Britain of doing it for some reason or the west of doing it to sort of send a false flag at uh the the Russia's doing it it does seem a little bit bizarre for Russia to do that unless it is sort of a sort of precursor to um you know eventually they'll make shut off the uh the flows through Ukraine there is a dispute between gasparent the Russian gas company and after gas Ukraine the Ukrainian company on the on Ukraine calling a Force Major and one of the Portland legs through Ukraine and that's going to sort of arbitration but the there's a threat that the Russia will sanction the Ukrainian company which means gas flows would then stop so it could be uh just just something else as a distraction before uh flows like a tail properly on the Ukraine pipeline okay Mike thank you Mike fullwood Senior research fellow at the Oxford Institute for energy studies
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