Home » Business » The Ministry of Power of Russia allowed the development of “Nord Stream-3” – 2024-06-24 00:08:26

The Ministry of Power of Russia allowed the development of “Nord Stream-3” – 2024-06-24 00:08:26

/ world at this time information/ The development of the primary pipeline “Nord Stream-3” is feasible in case of a rise within the demand for fuel in Europe. The deliveries of fuel below it might be economically expedient, stated in an interview with TASS the Deputy Minister of Power of the Russian Federation Anatoly Yanovski.

“It is a calculation activity, an financial one. Gasoline have to be delivered from our fields in essentially the most environment friendly approach, and they’re geographically positioned in such a approach that Nord Stream shortens by 2,000 km. the size of fuel transportation in comparison with the route via Ukraine. Right here the query just isn’t politics, however economics, the extra prices of building and operation should even be taken into consideration – all that is thought-about. So if there’s further demand in Europe, why not? – he stated.

In line with Yanovsky, the demand for Russian fuel is not going to be diminished, however the price of improve is dependent upon too many details.

«If the processes of accelerating the share of producing electrical energy from RES [възобновяеми енергийни източници] and the electrification of transport proceed, Europe will want further capability to generate electrical energy from fuel. I’m now not speaking about gasification,” added the deputy minister.

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