The Russian company Gazprom continues to burn excesses of the extracted gas $ 10 million a day at the beginning of the North Stream-1 pipeline, writes BBC News.
The torch is on at the Gazprom plant for the production of liquefied natural gas Portovaya. Experts estimated that Gazprom destroys 4.34 million cubic meters of gas daily by $ 10 million per day. About $ 300 million is “burned” in a month
German ambassador to the UK told BBC News that Russia is burning gas because it cannot sell it somewhere else because of sanctions against Moscow.
Torch burning is a standard process of destroying gas waste that cannot be processed. It is also used if gas cannot be delivered to the consumer for some time.
there can be no more obvious signal – Russia can at least reduce energy prices tomorrow (in Europe – ed.). This is a gas that, otherwise, could be exported by “northern stream – 1” or alternative routes “, – said Sindre Knutson from Rystad Energy.
Earlier, the media reported that since June 17, the torch is almost constantly on the Portovaya compressor station of the Russian oil and gas group Gazprom. It can be seen even in Finland.