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198 Russia News
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Home RUSSIA EU NEWS

Huge European gas depot risks staying empty – media

by 198 Russia News
May 28, 2022
in RUSSIA EU NEWS
Reading Time: 3 mins read
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Austrian fuel storage facility is unlikely to get stuffed resulting from a rift between Moscow and Berlin

The Haidach underground fuel storage facility in Austria might not be refilled by the following heating season resulting from a battle between Berlin and Moscow over the seizure of Gazprom’s German subsidiary, Bloomberg reported on Friday, citing vitality officers in Vienna.

The storage facility is positioned in Austria however is linked to the German fuel community and receives Russian fuel from there. It is without doubt one of the largest in Europe, capable of cowl a couple of quarter of Austria’s annual fuel wants.

Nevertheless, it has been sitting empty for a while now.

A part of the ability is utilized by Gazprom’s subsidiary Gazprom Germania. Nevertheless, Moscow stopped supplying fuel to it after Berlin seized the corporate amid the Ukraine-related sanctions on Russia. One other a part of the depot is utilized by Gazprom’s subsidiary GSA however has been empty for a number of months, in accordance with the media outlet Deutsche Welle.

Learn extra

Austria threatens to grab Russian fuel depot

Haidach is strategically necessary for each Germany, which shops fuel there, and Austria, as a result of Germany pumps a part of the fuel from the location again to the Austrian areas of Tyrol and Vorarlberg.

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Earlier this month, Austrian Chancellor Karl Nehammer known as on Gazprom to refill the depot, calling it strategically necessary and warning that Austria could nationalize the location. On Friday, he reiterated his name throughout a phone dialog with Russian President Vladimir Putin. Nehammer warned that Gazprom will lose this storage facility if it fails to fill it, and the location can be transferred to different fuel suppliers.

Based on Bloomberg, Vienna has been busy discovering methods to refill the storage. However in an effort to do that with out Germany, it might must discover a strategy to join Haidach to the Austrian fuel community, which can show a problem.

Learn extra

RT
EU hopes to ditch Russian fuel hit glitch – media

“From a technical perspective, a connection between the storage facility and the Penta West pipeline must be constructed,” Austrian operator Gasoline Join advised the publication in an electronic mail.

Penta West, which is the closest Austrian fuel pipeline to the location, could possibly be prolonged to attach Haidach with the remainder of Austria’s 900-kilometer fuel grid. Nevertheless, constructing the hyperlink between the community and the depot may take years resulting from paperwork, a Bloomberg supply mentioned, whereas the pipeline’s capability is already absolutely booked by merchants that pump fuel to different European markets.

Based on the report, Austria might also award a young for the depot to be stuffed by non-Russian fuel suppliers, though Bloomberg sources say this feature has not but been authorised.

Austria receives about 80% of its fuel from Russia and has repeatedly mentioned that dropping the provides can be catastrophic for the nation.

For extra tales on economic system & finance go to RT’s enterprise part

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