News / Europe

US Gas Could Help Europe, But Not Yet

US Gas Could Help Europe, But Not Yet

x
US Gas Could Help Europe, But Not Yeti
|| 0:00:00
...
 
🔇
X
Kent Klein
April 12, 2014 11:27 PM
As Russia continues to raise its natural gas prices to Ukraine, some people are looking to American gas as a way to ease Europe's energy dependence on Russia. But, as VOA's Kent Klein reports, it's a solution that's still several years off.

US Gas Could Help Europe, But Not Yet

Kent Klein
As Russia continues to raise its natural gas prices to Ukraine, some people are looking to American gas as a way to ease Europe's energy dependence on Russia.  But it's a solution that's still several years off.

In their home near Kyiv, Svetlana Kuleshova and Yuri Kuleshov are paying the price for more expensive Russian gas.

"It will directly affect our budget.  We will simply stop buying all the things we are buying now," the pensioner explained, "because in any case we will be forced to pay the gas bill as we have to at least heat the house in order not to freeze.  We will start looking for alternatives, of course."

Their worry is familiar to many Europeans.  Ukraine and six other European countries get all their gas from Russia.

Meanwhile, threats of Western economic sanctions against Russia have been shrugged off.  Russia's First Deputy Prime Minister Igor Shuvalov says Moscow can find other places to sell its gas and that will cost Europe even more.  

"It will force Europeans to invest in new infrastructure to buy gas from the United States and other parts of the world.  You will pay for this more," noted Shuvalov.  "It will mean that the consumers will pay more, but Russian gas will be consumed by someone else in other regions of the world."

Problem solved?

American natural gas, flowing through terminals located in various locations including the Eastern U.S. state of Maryland, could help solve the problem...but not yet.  

A new section of the plant to enable the Maryland facility to liquefy natural gas and ship it overseas won't be ready until late 2017.  Other plants being built are on a similar timeline.

And when it does open, the terminal will send all its gas to India and Japan.

Energy expert Paul Bledsoe, a senior fellow at the German Marshall Fund of the United States, says the U.S. will not be Europe's first new source of gas.

"The first places are going to be a southern pipeline from Central Asia, from North Africa and from their own resources," Bledsoe explained.  "What we're talking about, though, is broadening the available resources globally for gas generally, essentially globalizing the natural gas market."

Bledsoe says Washington should expedite applications by European countries to import U.S. gas and help Europe develop its own gas from shale gas.

"What we're really calling for is a joint U.S.-EU plan on natural gas, to diversify the sources of gas for Europe, to reduce long-term prices, to cut emissions and cut dependence on Russia.  There's a tremendous opportunity here," he said.

When that happens, both Europe and America will benefit, according to energy writer and professor Steve LeVine.

"The impact of putting [exporting] all this gas, and the signal that it's sending, is going to be to increase U.S. influence in the world, geopolitical influence from this natural gas," he said.


Russian President Vladimir Putin, according to LeVine, will then have to sell natural gas to China, which will insist on a lower price.

You May Like

Multimedia Social Media Documenting, Not Driving, Hong Kong Protests

Unlike in Arab Spring uprisings, pro-democracy protesters in Hong Kong aren't relying on Twitter and Facebook to organize, but social media still plays a role More

Analysis: Occupy Central Not Exactly Hong Kong’s Tiananmen

VOA's former Hong Kong, Beijing correspondent compares and contrasts 1989 Tiananmen Square protest with what is now happening in Hong Kong More

Bambari Hospital a Lone Place of Help in Violence-Plagued CAR

Only establishment still functioning in CAR's second city is main hospital More

This forum has been closed.
Comment Sorting
Comments
     
by: Yoshi from: Sapporo
April 13, 2014 4:52 AM
There are various countires which are rich in natural resources and not like various individuals who are talented and not from birth. I hope this world would be those who are cereblated in ability from God would not use their assets for their own deal to make themselves more rich.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
The Legacy of Jimmy Carter: The Preacher from Plainsi
X
October 01, 2014 10:45 AM
It is common in the United States to see tourists flock to sites associated with America's presidents. Some are privately owned and others are run by the National Park Service or the National Archives -- but most have helped draw business and people into the towns and cities where they are located. As VOA’s Kane Farabaugh reports, there is one particular presidential hometown that is unique in what it has to offer those who make the trip.
Video

Video The Legacy of Jimmy Carter: The Preacher from Plains

It is common in the United States to see tourists flock to sites associated with America's presidents. Some are privately owned and others are run by the National Park Service or the National Archives -- but most have helped draw business and people into the towns and cities where they are located. As VOA’s Kane Farabaugh reports, there is one particular presidential hometown that is unique in what it has to offer those who make the trip.
Video

Video Hong Kong Protests Draw New Supporters on National Holiday

On the 65th anniversary of the founding of Communist China, Hong Kong protesters are hoping to stage the largest pro-democracy demonstration since the 1989 Tiananmen protests. VOA's Brian Padden visited one of the protest sites mid-day, when the atmosphere was calm and where the supporters were enthusiastic about joining what they are calling the umbrella revolution.
Video

Video India's PM Continues First US Visit

India's prime minister is on his first visit to Washington, to strengthen political and economic ties between the world's oldest and the world biggest democracies. He came to the U.S. capital from New York, the first stop on his five-day visit to the country that denied him an entry visa in the past. From Washington, Zlatica Hoke reports Modi seemed most focused on attracting foreign investment and trade to increase job opportunities for his people.
Video

Video Malaysia Struggles to Stop People Joining Jihad

Malaysian authorities say militant groups like the so-called "Islamic State" have used social media to entice at least three dozen Malaysian Muslims to fight in what they call "jihad" in Syria and Iraq. As Mahi Ramkrishnan reports from Kuala Lumpur, counterterrorism police are deeply worried about what could happen when these militants return home.
Video

Video Could US Have Done More to Stop Rise of Islamic State?

President Obama says airstrikes against Islamic State militants in Syria will likely continue for some time because, in his words, "there is a cancer that has grown for too long." So what if President Obama had acted sooner in Syria to arm more-moderate opponents of both the Islamic State and the Syrian government? VOA State Department Correspondent Scott Stearns reports from the United Nations.
Video

Video Treasure Hunters Seek 'Hidden Treasure' in Central Kenya

Could a cave in a small village in central Kenya be the site of buried treasure? A rumor of riches, left behind by colonialists, has some residents dreaming of wealth, while others see it as a dangerous hoax. VOA's Gabe Joselow has the story.
Video

Video Ebola Patients Find No Treatment at Sierra Leone Holding Center

At a holding facility in Makeni, central Sierra Leone, dozens of sick people sit on the floor in an empty university building. They wait in filthy conditions. It's a 16-hour drive by ambulance to Kailahun Ebola treatment center. Adam Bailes was there and reports on what he says are some of the worst situations he has seen since the beginning of this Ebola outbreak. And he says it appears case numbers may already be far worse than authorities acknowledge.
Video

Video Identifying Bodies Found in Texas Border Region

Thousands of immigrants have died after crossing the border from Mexico into remote areas of the southwestern United States in recent years. Local officials in south Texas alone have found hundreds of unidentified bodies and buried them in mass graves in local cemeteries. Now an anthropologist and her students at Baylor University have been exhuming bodies and looking for clues to identify them. VOA’s Greg Flakus has more from Waco, Texas.
Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.Colonel Steve ‘Spiros’ Pisanos left Greece and came to the U.S. to learn to fly. He flew fighters for the Allies in World War II, narrowly escaping death multiple times.

AppleAndroid