Spain expressed its readiness to replace Russian gas in Europe

Spanish Prime Minister Pedro Sanchez said the country could solve the problem of Europe’s dependence on Russian energy imports. on this he said In an interview with the American television channel CNBC.

“I would say that Spain and Southern Europe will have the opportunity to respond to this energy dependence on Russian fossil fuels,” Sanchez said.

According to him, the bowels of the Iberian Peninsula contain about half of the liquefied gas reserves in the European Union. In Europe, Spain has a 37% share of regasification (the process of converting gas from a liquid to a gas).

According to the European Commission, EU countries import 40 percent of gas, 27 percent of oil and 46 percent of coal from Russia.

Previously, Spain, along with Portugal, imposed temporary price restrictions on natural gas and coal. Madrid capped gas prices for power plants to €40 per MWh in May.

24 May Pedro Sanchez declarationIt has been reported that Sweden and Finland will attend the NATO summit at the level of heads of state and government to be held in Madrid in June.



Source: Gazeta

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