European Energy Commissioner said the industry will be based on current gas prices

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The European industry has to bear with the current gas prices falling to January 2022 levels. This view was expressed by Kadri Simson, European Commissioner for Energy, speaking at an energy conference in Abu Dhabi: Wrote Interfax agency.

According to him, the fuel cost has dropped to €62 per MWh (about $700 per thousand cubic metres). “I think at this price level our industry can survive,” said Simson.

As the European Energy Commissioner said, as a result of reducing dependence on Russian gas, the European Union (EU) increased the volume of fuel supply in the form of liquefied natural gas (LNG) from 81 billion cubic meters in 2022. m 134 billion cubic meters in 2021. m.Mainly purchases were made from the United States. The EU also increased imports from Norway, the UK and Azerbaijan.

Simson also reminded that gas export agreements were signed with Egypt and Israel.

Israeli Minister of Energy in the first half of November knowledgeableThat Jerusalem can significantly increase gas supplies to Europe only in a few years.

At the end of September, Egyptian Oil Minister Tariq al-Mulla declarationCairo plans to sell natural gas worth $8.5 to $10 billion overseas in the current fiscal year 2022-2023.

Greek Prime Minister Kyriakos Mitsotakis this week I saidThat Athens has long explored hydrocarbon deposits and could help Europe become independent of Russian natural gas.

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