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Green movement opposes US the EU’s attention from reducing its gas Russian Urals supplies to
consumption – an inevitable need and
fossil gas reaching Estonia objective for the union in the near future. Turkey’s STAR refinery said to hit
“Just like tobacco companies are not
through Lithuania invited to the process of legislative drafting four-month high
in healthcare, oil and gas companies should
Lithuania should reject shale gas being not be given any say in the development of Flows of Russian Urals crude oil to Turkey
delivered from the United States to a legal instruments necessary for protecting reportedly hit a four-month high in
liquefied natural gas (LNG) terminal in our climate,” the Green Movement said. February after STAR refinery, owned by
Klaipeda, Lithuania, says the Estonian The organisation underscores the need to Azerbaijan’s national oil company SOCAR,
Green Movement, BNS, a Baltic newswire, invest in wind and solar energy and energy recommenced purchases of the blend.
reported on March 6. storage solutions, which help tackle climate Data and four industry sources were
Fracking is a disaster for climate and for change, BNS said. cited by Reuters on March 1 in determining
communities affected by the brutal drilling the supply peak was recorded.
method, the Estonian Green Movement The boosted supplies to STAR arrived
claims. Bulgaria’s energy regulator as a European Union embargo on sea-
According to it, fracking pollutes borne Russian oil supplies took hold. The
drinking water and produces large amounts lowers natural gas price by 14% embargo, as well as a price cap of $60 per
of toxic, even radioactive wastewater. It barrel on Russian oil have been applied by
causes indescribable harm to impacted for March the West over Moscow’s war in Ukraine.
communities and leads to several public Turkey has not imposed any sanctions on
health problems. Bulgaria’s state energy and water regulation Russia in response to the conflict. Russia
Fracking can trigger earthquakes and body, KEVR, said it has approved a request considers Turkey a friendly country despite
drives the petrochemicals and plastics of the state-owned gas supplier Bulgargaz its Nato membership.
boom as well as destructive infrastructure to lower the natural gas price by 14% as of Reuters reported Refinitiv Eikon ship
buildout. Fracking is a technology widely March 1, after lowering the price by more tracking data as showing 860,000 tonnes of
banned across the EU over environmental that 30% a month earlier. Urals crude were shipped to Turkish ports
concerns, the association writes on its The new price is BGN106.74 (€54.6) per last month, up from 620,000 tonnes in
website. MWh without VAT, access and transport January and 370,000 tonnes in December.
Some 4-30 million litres of water and fees. Supplies of Russian oil to the
around 151,000 litres of chemicals are used The price is falling as a consequence of 200,000-barrel-per-day STAR refinery
per fracking project, according to the Green the lower prices on international markets, were restarted at the end of January after a
Movement. the warm weather and the low share of gas month-long hiatus. They reached 100,000
The Estonian Green Movement says from the Chiren gas storage. tonnes in January and at least 300,000
that fossil gas, regardless of its origin is At the same time, the price is affected by tonnes in February, according to the quoted
not the solution for Europe. The EU’s goal the 33.54% share of the cheap Azeri gas in data and industry sources.
to stop using Russian gas could be a great the total consumption. SOCAR Trading manages the supply of
chance to accelerate a just transition. Even the refinery.
though it has been necessary to temporarily
diversify the import of LNG, it has diverted
Week 10 08•March•2023 www. NEWSBASE .com P15