LONDON: Ben Van Bearden, CEO of Britain’s leading petroleum company Shell, has said that European countries will not be able to find a substitute for Russian natural gas without energy transfers.
Van Bairden said increasing gas supplies from Africa and Scandinavia, as well as increasing purchases of liquefied natural gas (LNG), could not help convert Russian energy into European markets.
Of a foreign news agency According to the report He added that bringing more LNG to market, increasing the capacity for liquefaction and regasification, and increasing the supply of pipelines from North Africa and Norway are reasonable, but that energy transfer is also inevitable.
According to the head of Shell, we have no way to completely stop the Russian gas currently in use and buy more gas and LNG to find an alternative.