The deindustrialization of the European Union (EU) causes serious problems in the regional economy and the reduction in energy consumption is not a planned reduction. About this “Public News Service” declaration Igor Yushkov, an expert at the Financial University and the National Energy Security Fund under the Government of the Russian Federation.
“Average gas consumption in EU countries decreased by 19 percent in 6 months. This trend is due to the decrease in the consumption of “blue fuel” due to the problems in the European economy. “These are the results of the deindustrialization of the European Union, not the planned downsizing,” Yushkov said.
According to him, the EU has taken the path of forcibly reducing its energy consumption. At the same time, consumption fell by 40-50% in some countries. In terms of economy, Finland, Lithuania and Sweden stood out especially strongly.
He added that the current situation is a sign of problems, but not success. While the EU reduced the consumption of Russian gas, the price of fuel continued to rise. All this led to a sharp increase in the cost of goods and a decrease in their competitiveness in the world market.
February 19 Bloomberg reportedThat the oil embargo from Russia by EU countries could become a problem for them, as the Russian Federation can assemble a fleet of oil tankers and circumvent sanctions. In addition, the cost of transporting raw materials across the Atlantic Ocean has increased by 5 times. According to the agency, tanker owners were asking about $10,000 a day for each tanker. Now the price has risen to an average of $55,000.