Dusan Bajatovic, general manager of the Srbijagaz company and deputy leader of the Socialist Party of Serbia, said that Europe has lost the opportunity to buy cheap gas from Russia, which is pushing the country into deindustrialization. This was reported by RIA News.
“The energy crisis is under control, but prices will not return to previous levels. In Europe, stagflation means declining GDP and inflation. Nothing will ever be the same again. And in political terms, Europe is a subject of America, companies from Europe are moving to the USA or China,” Bayatovic said.
He also stated that production in the USA will be provided with American gas, and production in China will be provided with Russian gas.
Previously reportedHe said the gas transit tax that Bulgaria set last week would be reflected in the wallets of the country’s neighbors in the European Union. Journalists write that due to Sofia’s decision, the price of Russian gas supplied to the EU via Bulgaria through Turkish Stream will increase by 25 percent, and the initial cost will be about $ 400 per 1 thousand cubic meters of blue fuel. This would make it cost the same as expensive liquefied natural gas.
The situation has led to sharp discontent among Bulgaria’s neighbors in the European Union, the agency writes. Therefore, Hungarian Foreign Minister Peter Szijjártó expressed his fear that additional costs would fall on Budapest. In Greece, they even believe that Gazprom should pay a premium.
Overall, some countries consider Sofia’s decision illegal, and a possible coalition of opponents could include Greece and Hungary, as well as Romania, North Macedonia and Moldova. According to journalists, the consequences of this could be very different: from proceedings in the European Commission to trade wars.
Previously recognizedThe EU has become the largest buyer of Russia’s liquefied gas.