News / Europe

US Gas Could Help Europe, But Not Yet

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

Video Indiana Controversy Points to Divergent Notions of Religious Freedom

Arkansas, North Carolina have approved similar laws that gay-marriage opponents say help maintain their beliefs in face of changing culture More

UNICEF Denies North Korean Measles Outbreak

Agency dismisses Russian media report after government, WHO assurances More

Turkey Seen Taking Harder Stance Against Militant Kurds

Stance comes as President Recep Tayyip Erdogan is being seen as moving closer to generals 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.
Indiana Controversy Highlights Divergent Meanings of Religious Freedomi
X
Jerome Socolovsky
April 01, 2015 1:41 AM
Indiana’s state government has triggered a nationwide controversy by approving a law that critics say is aimed at allowing discrimination against gays and lesbians. The controversy stems from divergent notions of religious freedom in America. VOA's Jerome Socolovsky reports.
Video

Video Indiana Controversy Highlights Divergent Meanings of Religious Freedom

Indiana’s state government has triggered a nationwide controversy by approving a law that critics say is aimed at allowing discrimination against gays and lesbians. The controversy stems from divergent notions of religious freedom in America. VOA's Jerome Socolovsky reports.
Video

Video Nigerians Welcome Buhari's Return to Power

Crowds of jubilant Nigerians nationwide have celebrated the return to power of former military ruler Muhammadu Buhari. The retired army general won this year's presidential election with more than 2 million votes more than incumbent President Goodluck Jonathan. Buhari's supporters hope he can strengthen the country's economy and security once he takes office in late May. Zlatica Hoke has this story.
Video

Video Report: State of Black America a 'Tale of Two Nations'

The National Urban League has described this year's "State of Black America" report as a "tale of two nations." The group's annual report, released earlier this month (March), found that under an equality index African Americans had only 72% parity compared to whites in areas such as education, economics, health, social justice and civic engagement. It’s a gap that educators and students at Brooklyn’s Medgar Evers College are looking to close. VOA's Daniela Schrier reports from the school.
Video

Video Film Tells Story of Musicians in Mali Threatened by Jihadists

At this year's annual South by Southwest film and music festival in Austin, Texas, some musicians from Mali were on hand to promote a film about how their lives were upturned by jihadists who destroyed ancient treasures in the city of Timbuktu and prohibited anyone from playing music under threat of death. As VOA’s Greg Flakus reports from Austin, some are afraid to return to their hometowns even though the jihadists are no longer in control there.
Video

Video Gamma Ray Observatory to Open Soon in Mexico

American and Mexican scientists have completed construction of the world's largest gamma ray observatory, situated high in central Mexico’s Sierra Negra Mountain. The observatory's huge array of water-based detectors will soon start discovering secrets about black holes and supernovas. VOA’s George Putic reports.
Video

Video Ebola Vaccine Trials Underway in West Africa

Ebola has claimed the lives of more than 10,000 people in West Africa. Since last summer, researchers have rushed to get anti-Ebola vaccines into clinical trials. While it's too early to say that any of the potential vaccines work, some scientists say they are seeing strong results from some of the studies. VOA's Carol Pearson reports.
Video

Video Philippines Wants Tourists Spending Money at New Casinos

Tourism is a multi-billion dollar industry in the Philippines. Close to five million foreign visitors traveled there last year, perhaps lured by the country’s tropical beaches. But Jason Strother reports from Manila that the country hopes to entice more travelers to stay indoors and spend money inside new casinos.
Video

Video Civilian Casualties Push Men to Join Rebels in Ukraine

The continued fighting in eastern Ukraine and the shelling of civilian neighborhoods seem to be pushing more men to join the separatist fighters. Many of the new recruits are residents of Ukraine made bitter by new grievances, as well as old. VOA's Patrick Wells reports.
Video

Video Islamic State Prisoners Talk of Curiosity, God, Regret

Islamic State fighter, a prisoner of Kurdish YPG forces, asked his family asking for forgiveness: "I destroyed myself and I destroyed them along with me." The Syrian youth was one of two detainees who spoke to VOA’s Kurdish Service about the path they chose; their names have been changed and identifying details obscured. VOA's Zana Omer reports.
Video

Video Germanwings Findings Raise Issue of Psychological Testing for Pilots

More is being discovered about the co-pilot in the crash of Germanwings Flight 9525 in the French Alps. Investigators say he was hiding a medical condition, raising questions about the mental qualifications of pilots. VOA's Carolyn Presutti reports.
Video

Video Liberia's Almost Last Ebola Patient Grateful but Still Grieving

Beatrice Yardolo was to make history as Liberia’s last Ebola patient. Liberians recently started counting down 42 days, the period that has to go by without a single new infection until the World Health Organization can declare a country Ebola-free. That countdown stopped on March 20 when there was another new case of Ebola, making Yardolo’s story a reminder that Ebola is far from over. Benno Muchler reports from Monrovia.
Video

Video Cambodian Land Grabs Threaten Traditional Communities

Indigenous communities in Cambodia's Ratanakiri province say the government’s economic land concession policy is taking away their land and traditional way of life, making many fear that their identity will soon be lost. Local authorities, though, have denied this is the case. VOA's Say Mony went to investigate and filed this report, narrated by Colin Lovett.

VOA Blogs

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More