Amos Hochstein, senior adviser for Energy Security at the State Department urges Ukraine not to get hung up on Russian gas and the Nord Stream 2 gas pipeline. This was discussed in his interview to NV.
"Ukraine should become part of a large energy transition, and not get hung up on Russian gas and transportation routes. We should not talk about Nord Stream 2, but about integration into the European energy system," Hochstein stressed.
According to him, Ukraine may find itself isolated from the modern energy systems of the world and the energy economy if it is not modernized in time.
The senior adviseris confident that the development of nuclear energy can make Ukraine stronger, and integration into a single European energy space will make renewable and nuclear energy not so expensive.
“I have already said that I want to see Ukraine not as a country that transports molecules, but as a country that supplies electrons. It is about transforming the existing basket of energy resources, avoiding coal and expanding renewable and nuclear energy sources.It is necessary to effectively use the deposits of the Ukrainian energy fields, and not only talk about Nord Stream 2 and gas from Russia. Why not remove this weapon? Why not say that Russian gas is not that important?" Hochstein added.
As we reported earlier, Amos Hochstein also warned that Europe could face a gas shortage this winter due to low reserves and potential supply cuts.
“If the winter is really cold, you may run out of gas by January or February. And that's what worries me,” Hochstein said during a visit to Kyiv.
According to him, the volume of supplies of natural gas from Russia has decreased compared to traditional levels. The expert believes that Moscow's actions in the gas market have contributed to the growth of its market prices.