Fatih Birol, President of the International Energy Agency (IEA), said that European Union countries do not think of returning to cheap gas in the future. Birol said this in his speech at the European Parliament in Brussels. TASS.
The head of the IEA stressed that energy would now be expensive. According to him, “there will be no more cheap gas.”
“European energy will be more expensive in the future than in the past. “Energy prices in the EU will be significantly higher than those of their economic rivals,” he said.
Birol noted that high energy prices will put pressure on the industry of EU countries, as energy prices constitute a large part of the production cost.
“If your energy inputs are much more expensive, you’re starting at a disadvantage,” the agency’s head added.
Andrew Light, the Deputy Undersecretary for International Affairs of the US Department of Energy, said that natural gas imports from Russia to some countries of the European Union decreased. creates especially a threat to the economies of the next winter.