"Open Beixi-2 Project"!The German outbreak of parade requested the end of Russian energy sanctions; can the German Chancellor visit the Gulf oil and gas country, can it alleviate the "gas shortage" in Europe?

Author:Daily Economic News Time:2022.09.26

According to CCTV News on the 26th, on the 25th, local time, the demonstration of demonstrations in the urban Lubming in northern Germany, the slogan of the demonstrator is the "Beixi-2" project-so that our country has the future "... The demonstrators also pointed out that once the "Beixi-2" pipeline is put into use, Russia's natural gas will flow to Germany again, and energy prices can drop rapidly.

It is worth mentioning that in order to "find qi", German Chancellor Tsutz is also "fighting." Recently, he visited Saudi Arabia, the UAE, and Qatar. The core issue was to strengthen energy cooperation with Gulf oil and gas powers and promote diversified energy import channels such as natural gas. However, the space for natural gas production capacity in the Gulf Three Kingdoms is limited in the short term, and it is not capable of filling in Europe's natural gas gap completely.

Parade in northern German cities

According to CCTV News on the 26th, on the 25th, local time, a demonstration event broke out in the northern German city. Thousands of people stepped on the street and asked the German federal government to quickly enable the "Beixi-2" natural gas pipeline and ended energy sanctions against Russia.

Image source: CCTV4 video screenshot

According to the information disclosed by local police, about 3,500 people from all over the country gathered in the end of the city of "Beixi-2" natural gas pipelines to protest the federal government's energy policy. The slogan of the demonstrator is "Opening the 'Beixi-2' Project-so that our country has the future." At the same time, demonstrators also demanded that the German government immediately ended energy sanctions on Russia. Demonstrators pointed out that once the "Beixi-2" pipeline is put into use, Russia's natural gas will flow to Germany again, and energy prices can drop rapidly.

It is reported that this is not the first time in the city of Lubu Ming to protest the demonstration. Earlier this month, about 1,800 people participated in a parade of similar themes. The "Beixi-2" natural gas pipeline was officially completed in September 2021. According to the original plan, the natural gas pipeline should be officially put into use at the end of 2021.

The results of the German Prime Minister's "Finding Qi" are limited

According to CCTV News on the 26th, on September 25, local time, German Chancellor Tsutz arrived in Qatar to visit, which was the last stop of his trip to the bay. In two days, he visited Saudi Arabia, the UAE, and Qatar successively. The core issue was to strengthen energy cooperation with Bay oil and gas powers, especially seeking to import more natural gas from Qatar to ease European "gas shortage", but Germany and Qatar The negotiations between the natural gas supply contracts of the two countries are still stalemate, and it is even more far away to achieve large -scale gas supply.

Image source: CCTV4 video screenshot

The German Chancellor Tzuz was only half a day visiting Qatar. He arrived at the capital of Qatar on the afternoon of the 25th and met with Qatar Emir (head of state) Tamim and hurriedly left that night.

According to a statement issued by the two parties, the leaders of the two countries discussed the cooperation in the fields of economic and energy during the meeting, and exchanged opinions on the regions and international issues that were concerned about Iran's nuclear issues, Libya, and Afghanistan situations. Tamim said that he hoped that Tsugs would promote the development of relations between the two countries towards a higher level and a wider field. For the natural gas issues that are concerned about all parties, the two parties only expressed discussions on this and look forward to making more progress.

Qatar's natural gas reserves ranks third in the world, and its liquefied natural gas production and export volume have long been at the forefront of the world. After the outbreak of the Russian and Ukraine conflict, European countries were looking for a substitute for Russia's natural gas, and Qatar's natural gas was favored. Qatar Emir (head of state) Tamim visited Germany in May this year, and the two countries signed a statement of deepening energy partnerships. However, in terms of specific natural gas supply agreements, Qatar Energy Corporation and Germany's negotiations are not smooth. There are differences between the two parties on issues such as the contract period and the price of natural gas. To reach an agreement, it still takes time.

Image source: CCTV4 video screenshot

In addition, mass exports to large -scale exports to European countries such as Germany are also limited by production capacity. Most of Qatar's natural gas production capacity has been bound by long -term contracts, and there is almost no motor capacity that can be turned to Europe. The Qatar northern gas field expansion project involved in the German and Qatar Natural Gas Supply Agreement is expected to be put into production until 2026. This means that Qatar's natural gas does not alleviate the urgency of "qi" this winter.

The UAE plans to deliver to Germany at the end of this year the first batch of liquefied natural gas is only 137,000 cubic meters. In contrast, the gas transmission volume of "Beixi-1" pipelines from Russia to Germany can reach up to hundreds of millions of cubic meters per day.

Reporter: German Prime Minister Tsumarz's trip was very compact. He visited Saudi Arabia, the UAE and Qatar in two days. Shuerz said that the main purpose of his trip was to consolidate and deepen energy partnerships and promote the diversification of energy import channels such as natural gas. However, the space for natural gas production capacity in the Gulf Three Kingdoms is limited in the short term, and it is unable to fully fill the European natural gas gap. European "qi shortage" is already a hurry, but the three countries of the Gulf are difficult to be the "firefighting captain". The European energy market is still facing huge uncertainty. If the crisis continues, Europe may usher in a "cold and expensive" winter.

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Daily Economic News

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