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The expert warned of the effects of the abandonment on Russia’s oil and gas

Energy expert Vladimir Šteban believes that European Union countries are working to destroy their economic and social balance through fuel sanctions, noting that the sanctions have hurt Europe more than Russia. .

According to Stepan, a former director of the Czech Gas Company and a member of the Energy Institute and the “Energy is not a luxury” think tank, the complete cut off of Russia’s gas supply to Europe will not have a devastating effect on Moscow, seeking the West.

The expert explained: “Russia will prosper. Its oil and gas revenues grew five to six times. Its supply of energy resources has decreased because the restrictions placed on the supplies of oil, gas, coal and everything else have actually led to the growth of the prices of these basic products, so enough for to the Russians to sell a third or half and their profit will be one hundred percent higher than usual conditions when selling. So they are not afraid of anything. ”

The expert considers that Russia’s requests from hostile countries to pay for gas in rubles are based on commercial, not political, motives, noting that Russia’s requests are based on fear of not being accepted. the price of supplied gas.

He noted that Prague is dangerously dependent on Russia’s fuel supplies, receiving gas from only two sources, and that approximately 50% of Czech energy imports are Russian oil, which comes through of the Druzhba pipeline.

Steban also stressed the danger of once leaving oil and gas, despite calls by activists and politicians who support the “green path”.

Source: RIA Novosti

Source: Arabic RT

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