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sanctions, including cutting off Russia their highest level since 2008, passing $130 advanced technology, has a maximum
from SWIFT and after a flip-flop, he even per barrel. operating depth of 3,600 metres, a tower
allowed Nato troops to be deployed in “This comes as a result of the internal height of 104 metres and a crew capacity of
Hungary. discussion between the countries of the 200, according to Anadolu.
According to reports by hvg.hu, Orban [Nato] alliance on the boycott of Russian The news agency noted that the country’s
was warned by Polish PiS leaders that oil and at the same time, as a result of the Fatih, Kanuni and Yavuz drill ships
he risks the unity of V4 unless he backs discussion about the dependence on Russian were operating in the Black Sea and the
tougher sanctions against Russia. The gas, which makes up 40% of the supply in Mediterranean Sea.
public pro-Ukraine stance is forcing Europe,” Rama said. Natural gas flow from the recently
Orban to make a U-turn on his stance with “While the major alliance countries face discovered Sakarya gas field in the Black Sea
Russia. Orban spoke out against sanctions growing criticism that they are financing the is expected to reach a natural gas processing
before, calling them double-edged war by buying gas, [an] oil and gas boycott facility to be established in the coastal town
weapons. would be a tectonic shift with consequences of Filyos in 2023.
The Hungarian position is that of predictable difficulties in the short term
extending the sanctions further to the … [in the] medium or long term the issue
energy sector, to the oil and gas sector is would be resolved. In this context, Albania Czechia to strengthen its
unacceptable. is no exception; on the contrary, it is
“I made it clear that while we condemn directly affected in the same way as all other energy security and gas
Russia’s military attack, and condemn countries.”
the war, too, we will not allow Hungarian He also warned that in an extreme reserves due to Russia´s
families to pay the price of the war,” he scenario, Albania could face cuts in supply of
added. oil or energy, but that the government “will invasion of Ukraine
Hungary gets a large part of its oil and do our best to protect our people”.
gas from Russia, and 90% of Hungarian “The war, fortunately, does not take Czechia will strengthen its energy security,
families heat with gas. Without gas place physically here, the bombs are not increase the compulsory level of gas reserves
and oil, the Hungarian economy will on our heads, our families, thank God, are and extend the period of time for which
simply not function and it would mean not threatened by violent separation, as these reserves will be kept, said Industry
a disproportionately large burden for hundreds of thousands of families are being Minister Jozef Sikel on Twitter.
Hungary,” Orban said. separated in Ukraine, but the impact of what “In the context of Russian aggression,
When the journalist of liberal Hvg. is happening there is clearly visible here in it is necessary to strengthen Czech energy
hu asked Johnson about Orban’s the economy of the country,” Rama said. security and to prepare for the next winter
commitment to sanctions, he said: “Viktor Minister of Infrastructure and Energy in the best possible way. We will increase the
has been very clear that he is taking the Belinda Balluku, also present at the press compulsory level of gas in storage tanks and
common position on sanctions policy, conference, called on citizens to look for at the same time extend the period for which
thereby contributing to Putin’s downfall”. ways to consume less energy. “We should [this level] must be kept. We will start taking
consume less and not take the car to buy the necessary steps immediately,” Sikela said.
cigarettes or bread on the street corner, but According to the Czech News Agency, the
Albanian PM tells citizens walk,” she recommended. largest operator of gas storage facilities in the
country, RWE Gas Storage, said their current
Balluku also noted the investments
to prepare for deepening made in Albania into renewable energy as fill rate stands at around 20%. “As the end
the country seeks to diversify its electricity
of the heating season approaches, the stock
energy crisisy generation. Currently Albania is almost level naturally drops to lower numbers. The
current fill rate is several percent lower than
entirely dependent on hydropower, and
Albanian Prime Minister Edi Rama has when the weather is unfavourable it has to at the same time last year,” spokesperson
waned citizens that the threat of a deepening import power. Simona Hladikova said.
energy crisis is growing daily as Russia and The largest gas distribution network
Nato members mull stricter sanctions on GasNet and the operator of Czech gas
each other. Turkey’s fourth drill ship pipelines Net4Gas confirmed that the
Commodity prices, including prices of oil, conflict does not have an immediate impact
grain and metals, have already soared since arriving in two months says on the supply of natural gas to Czech end
the Russian invasion of Ukraine on February consumers.
24. energy minister “In general, in line with the European
Even before the invasion, Albania, like and Czech decarbonisation targets, we are
other many other countries, faced steep Turkey’s fourth drill ship for hydrocarbon continuously preparing our infrastructure
inflation as prices of energy and food rose on exploration is on its way to the country, for the transport of low- and zero-carbon
international markets as the world emerged Energy Minister Fatih Donmez said late on gases, including hydrogen,” added Net4Gas
from the coronacrisis. March 7, state-run news service Anadolu spokesperson Vojtech Meravy, according to
Addressing citizens on March 8, Rama Agency reported. the news agency.
noted that a senior Russian government “Our fourth drilling ship, anchored in According to an analysis by Euler Hermes,
official had threatened an oil price rise to South Korea, will be in Turkey in about two the world’s leading credit insurer, if Russia
as much as $300 per barrel. Since the start months,” Donmez wrote on Twitter. were to completely shut off the gas pipelines
of the war, oil prices have already surged to The vessel, with seventh-generation leading to Europe, Czechia would lose 24%

Week 10 10•March•2022 www. NEWSBASE .com P17