NewBase 14-September -2022 Energy News issue - 1548 by Khaled Al Awadi (AutoRecovered)_compressed.pdf

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NewBase Energy News 14 September 2022 No. 1548 Senior Editor Eng. Khaed Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
World’s largest waste-to-energy project in Dubai 85% complete
TradeArabia + NewBase
Dubai Municipality has announced that 85% of Dubai Waste Management Centre (DWMC), the
world’s largest waste-to-energy project, has been completed.
Construction of the landmark project began in 2021, in line with the vision of His Highness Sheikh
Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of
Dubai, to raise the emirate’s profile as a global model for sustainable development and consolidate
its position as the best city to live and work in.
DWMC reflects Dubai’s commitment to achieving sustainable development goals and reducing the
emirate’s carbon footprint.
The project will contribute to Dubai Municipality’s strategic objective of reducing and completely
diverting waste from landfills by 2030. Located in Dubai’s Al Warsan area, the first-of-its-kind project
will convert 45% of the emirate’s municipal waste into renewable energy once complete, said a
municipality statement.
Once the project is fully operational, the plant’s renewable energy, generated
from treating waste, will feed the local electricity grid with 215MWh of clean
energy. Through two of its five treatment lines, the centre will commence its
initial operations at 40% by early 2023. Image courtesy Dubai Media Office
Twitter handle. The project will contribute to Dubai Municipality’s strategic
objective of reducing and completely diverting waste from landfills by 2030

The construction of the waste management centre is on schedule. The first phase of the world’s
most efficient energy project will be ready by 2023, while the entire project is scheduled to finish by
2024.
With Dubai’s population expected to continue growing at an increasingly rapid pace thanks to a
surge in economic activities, the project would significantly minimise the potential volume of
municipal waste in landfills and create alternative energy sources, it said.
Dawoud Al Hajri, Director General of Dubai Municipality, said the centre is a crucial pillar of Dubai’s
ambition to transform into one of the world’s most sustainable cities. The plant, he said, provides an
innovative solution to transforming huge quantities of waste into a sustainable source of clean
energy. Al Hajri pointed out that the centre reflects Dubai’s efforts to protect the environment by
implementing state-of-the-art technologies.
He noted that DWMC will boost the emirate’s sustainability credentials, in line with national energy
objectives and the Dubai Clean Energy Strategy 2050, launched by HH Sheikh Mohammed bin
Rashid to make Dubai a global centre of clean energy and green economy.
“Dubai has always sought to be a pioneer in the field of waste-to-energy. By reducing the amount
of solid waste and providing alternative sources for generating clean energy, the project will
contribute to achieving a sustainable and eco-friendly model of waste management. With the world’s
largest operational capacity, DWMC will process 1.9 million tonnes of waste annually and convert it
into renewable energy, generating enough energy to power 135,000 homes,” Al Hajri said.
Once fully operational, the plant’s renewable energy, generated from treating waste, will feed the
local electricity grid with 215MWh of clean energy. Through two of its five treatment lines, the centre
will commence its initial
operations at 40% by early
2023. It will process 2,000
tonnes of solid waste to
produce 80MWh of
renewable energy at this
stage.
Covering an area of
400,000 sq m, the facility’s
generator and steam
turbine, a key technology in producing electricity, have already been installed. The centre will rely
on state-of-the-art Japanese and Swiss technologies for the treatment process that will ensure any
emissions are environmentally friendly and odour-free.
The centre will receive around 1,000 truckloads of waste daily, with a capacity to accommodate 88
trucks per hour. Through five treatment lines, the DWMC will have the capacity to process 5,666
tonnes of solid municipal waste per day.
Burnt waste will produce around 1,000 tonnes of bottom ash, which will be recycled and used in
infrastructure projects. Dubai Municipality has launched an e-platform to exchange recyclable and
reusable materials for reducing the quantities of waste produced and raising the percentage of
waste diverted from landfills.
As part of its efforts to build a sustainable environment for the emirate’s residents, Dubai Municipality
has developed an integrated 20-year strategic plan for solid waste management. The civic body has
issued a guide for the mandatory separation of waste. It has been working to raise community
awareness on reducing waste and encourage members to become partners in driving sustainability.

UK shale gas developers to resume work after fracking ban lifted
SPGlobal + NewBase
A number of UK shale gas developers pledged Sept. 8 to resume work quickly at their onshore sites
following the UK government's move to lift the moratorium on fracking. The government said Sept.
8 it would lift the moratorium as part of a new domestic energy security push, adding that first gas
flows were possible within six months.
The new UK government under Prime Minister Liz Truss sees shale gas as a key tool for improving
energy security and making the most of the UK's domestic resources against the backdrop of record
high international gas prices.
Platts assessed the UK NBP month-ahead gas price at an all-time high of 598 p/th ($70.44/MMBtu)
Aug. 26, according to S&P Global Commodity Insights data. It was last assessed Sept. 7 at 410
p/th, still 210% higher year on year.
Cuadrilla Resources -- which holds a number of shale gas development licenses in the UK -- said
maximizing domestic energy supply was "vital" to overcoming the energy crisis and reducing the
risk of it recurring in the future.
"Today's announcement sets the foundation for us to move towards gas self-sufficiency, and not be
reliant on the whims of dictators, or the vagaries of international supply lines and prices," Cuadrilla
CEO Francis Egan said.
"Without the strong measures set out today, the UK was set to import over two thirds of its gas by
the end of the decade, exposing the British public and businesses to further risk of supply shortage
and price hikes down the line," Egan said.
He said Cuadrilla looked forward to working with the government "to ensure this industry can start
generating results as soon as possible."
In April, Egan said material shale gas flows in the UK could be achieved within three to four years,
which over time could help bring down gas prices.
 Move sets foundation for gas self-sufficiency: Cuadrilla
 Ineos renews offer to drill test shale gas well in UK
 Egdon pledges to deliver shale gas in 'timely fashion'

Ineos offer
Chemicals giant Ineos, meanwhile, said it was renewing its offer to drill a shale gas test well in the
UK. Founder and CEO Jim Ratcliffe in April appealed to the government to allow it to drill a well
following Russia's invasion of Ukraine.
"We are renewing our offer to the
government to drill a shale gas test well
in the UK. We believe we can prove we
can do it safely and without harm to the
environment," Ineos Director Tom
Crotty said Sept. 8.
Crotty said gas must be part of the
energy transition in the UK. "The
country needs gas for at least the next
30 years. It is patently obvious that we
should be using our own gas instead of
shipping it in from abroad," he said.
Another shale gas developer IGas --
which claims to have a "world-class" shale gas resource at the Gainsborough Trough in eastern
England -- said development of its assets could contribute to UK energy security in the near term.
It would also help to decouple the UK from "volatile and competitive international gas markets," IGas
said.
"The accelerated development of this strategic natural resource, which we believe is imperative in
helping with the ongoing energy and cost-of-living crisis, can only be achieved through a streamlined
regulatory process, something the government has committed to today," it said.
"To this end, we look forward to working constructively with the new administration."
Mark Abbott, managing director of Egdon Resources, said the lifting of the fracking moratorium was
a "logical and pragmatic" response to the new geopolitical reality.
"With Egdon's material shale-gas position, we now look forward to working positively with
government and local communities to deliver this nationally important resource in a timely fashion,"
Abbott said.
Estimated resource
The UK put in place a moratorium on fracking in England in November 2019 after an analysis of the
environmental impact of work at Cuadrilla's site at Preston New Road. Cuadrilla was forced to
suspend work at the site after a magnitude 2.9 tremor occurred in August 2019.
It is estimated that the northern Bowland Shale gas formation in England alone holds as much as
37.6 Tcm of shale gas. Just 10% of that volume could meet UK gas needs for 50 years, according
to Cuadrilla.
However, several academic studies have suggested the true resource is much lower. In 2019,
research from Nottingham University said resources within the Bowland Shale formation could be
up to five times lower than previous estimates suggested.
The research, supported by the BGS, said economically recoverable reserves of Bowland shale gas
could be less than 10 years of current UK gas consumption -- implying a ceiling of around 800 Bcm.

U.S: Distillate stocks in New England and Central Atlantic
states fall to low levels. Data source: U.S. Energy Information Administration, Petroleum Supply Monthly
Distillate fuel oil stocks at refineries, bulk terminals, and natural gas plants in New England states
were the lowest in several years as of June 2022, according to our latest Petroleum Supply
Monthly (PSM).
Among the six states in New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode
Island, and Vermont), distillate stocks ranged from 90% less than the five-year (2017–21) average
in Vermont to 32% below average in New Hampshire at the end of June 2022.
Note: This dataset counts stocks at refineries, bulk terminals, and natural gas plants.
Distillate fuel oil is a refined petroleum product primarily used as a transportation fuel in trucks, but
it is also used for home heating, particularly in New England states. Distillate stocks can vary
between neighboring states because each state has different needs and methods of supply.
Distillate stocks were low in Central Atlantic states, too. Of the region’s five states (Delaware,
Maryland, New Jersey, New York, and Pennsylvania), distillate stocks ranged from 70% less than
the five-year average in Maryland to 15% above average in Delaware.
These monthly stocks exclude those held within the Northeast Home Heating Oil Reserve
(NEHHOR) and New York State Strategic Fuel Reserve, which collectively can hold more than 1
million barrels of distillate fuel oil. NEHHOR was established in 2000, and stocks from the NEHHOR
have only been released once, in November 2012, following Hurricane Sandy.

Note: This dataset counts stocks at refineries, bulk terminals, and natural gas plants.
Several factors have contributed to low distillate stocks in New England and Central Atlantic states:
 Russia’s full-scale invasion of Ukraine has disrupted global distillate trade, creating a tight
market for global distillate.
 Two of the refineries that supplied these states have closed since 2019 (the Philadelphia
Energy Solutions refinery and the Come-by-Chance refinery in Newfoundland, Canada).
 PBF’s Paulsboro refinery reduced its capacity amid the COVID-19 pandemic.
In our Weekly Petroleum Status Report (WPSR), total distillate stocks in New England were 3.2
million barrels as of September 2 (compared with 2.8 million barrels in June). Stocks in the Central
Atlantic were 12.9 million barrels as of September 2 (compared with 11.8 million barrels in June).
Our latest WPSR indicates commercial distillate stocks have increased in recent months, but they
still remain below average.
Although our WPSR provides weekly distillate stock updates, it only provides weekly stocks within
New England, the Central Atlantic, and the Lower Atlantic regions. State-level stocks at refineries,
bulk terminals, and natural gas plants are available with a two-month lag in the PSM.

Germany: Winds of change shift economic power northwards
Thomas Escritt and Andreas Rinke, Reuters News
Germany's wet and windswept north has long lacked the economic appeal of the industrial south
but the green transition and an energy crisis sparked by war in Ukraine is shifting the balance.
When Northvolt sought a German site to build its first battery plant outside Sweden, it didn't pick the
southern industrial heartlands, instead it chose to be near the blustery North Sea coast where the
wind power industry has taken off.
"Battery manufacturing is tremendously energy-intensive," said Jesper Wigardt, Northvolt's head of
public affairs. "If you look at this part of Germany, it's interesting in terms of energy, but also the
type of energy in the grid."
Northvolt's decision was announced on March 15, just as an energy crisis was unfolding, sparked
by Russia's invasion of Ukraine. As the West has ratcheted up sanctions on Moscow, Russia has
steadily reduced pipeline gas supplies to Europe.
"In reality we never got cheap gas from Russia," said Foreign Minister Annalena Baerbock. "We
paid for each cubic metre of Russian gas twice or three times over in costs to our national security."
Germany, heavily reliant on Russian gas in the past, is racing to wean itself off Russian supplies.
The north coast will be at the heart of those efforts, both for generating more renewable energy and
importing gas as fuel in the transition away from nuclear power and heavily polluting coal-fired
plants.
Wind power stations of German utility RWE, one of Europe's
biggest electricity companies are pictured in front of RWE's
brown coal fired power plants of Neurath near Jackerath,
north-west of Cologne, Germany,

Two floating terminals to receive liquefied natural gas (LNG) will be up and running on the North
Sea coast within months, stopgaps until permanent ones are built there.
The northern states of Lower Saxony, Schleswig-Holstein and Mecklenburg-Vorpommern already
produce half of Germany's 64 gigawatts (GW) of wind energy, now mostly land based. But these
coastal states will play an even bigger role as Germany expands offshore wind generation to 70
GW by 2040 from 7.7 GW now.
The south, which powered Germany's economic revival after World War Two and which is home to
industrial giants like BMW and Siemens in Bavaria and Mercedes in Baden-Wuerttemberg, now
faces a rival in the north.
'SILENT POWER STRUGGLE'
It is shifting the compass on Germany's traditional tussle between the wealthy West and poorer,
post-Communist East. "There is a huge, silent power struggle underway between north and south,"
said the premier of one German state, who asked not to be identified.
And the north is gaining traction.
Tesla opened a factory in the northern state of Brandenburg in March, while Volkswagen -
Germany's only carmaker based in the north - is building a new battery factory to equip its electric
vehicles in Lower Saxony.
Also in Lower Saxony, Belgium's Tree Energy Solutions (TES) is planning to build a plant to produce
hydrogen, initially making it from methane generated from food and other waste, and later splitting
water via electrolysis powered by offshore wind.
Although Germany's most prosperous districts remain in the south, the fastest developing ones are
in the north and west, according to the IW economic research institute which ranks the country's
400 districts based on factors ranging from tax returns to share of skilled workers.
"After decades of dominance by first the west then the south, now the north is getting going," said
IW's Hanno Kempermann. The power crisis may be helping tip the scales. Germany already needs
to build more high-voltage interconnectors between the north and south, a requirement that will
become increasingly pressing as more renewable power is generated in the north.
Bavarian premier Markus Soeder, whose state is home to some of Germany's industrial leaders,
has repeatedly said the federal government was not doing enough to protect Bavaria's economy
and has called for Germany's last three nuclear power stations be kept running to ensure industry
does not suffer.
The federal government in Berlin says Soeder has been slow to develop wind power in his own
state. The government had aimed to close its last power plants by end of 2022 but adjusted the plan
to keep two of them running into the spring. It still aims to exit nuclear power after that.
With Russian gas supplies dwindling, Germany is already at the second phase of a three-stage
power emergency plan. The third stage would see electricity rationing for industry.
This month, Soeder appealed to Manuela Schwesig, premier of Mecklenburg-Vorpommern in the
north, one of Germany's poorest states, offering the services of Bavarian state employees to help
accelerate the building of an LNG terminal to ease the power crisis that could hit Bavarian industry.
A Bavarian government official said: "Soeder visited Schwesig because there is a common interest
in getting gas from north to the south."

China reaps energy windfall as West shuns Russian supplies
Reuters + NewBase
China is buying more and less expensive energy supplies from Russia this year, reaping
the benefits of a plunge in European purchases just when Beijing needs it most as the
Ukraine crisis pushes Moscow in
search of alternative markets.
The growing cooperation, to be
further deepened with Chinese
President Xi Jinping's meeting with
Russia's Vladimir Putin in Uzbekistan
on Thursday, is a boon for both
countries. read more
China has gained access to cheaper
energy while Russia is able to offset
losses from the European Union and
other allies scaling back on
purchases of Russian exports due to sanctions over its invasion of Ukraine. Moscow
calls it a special military operation.
Closer Chinese-Russian ties have also promoted the use of their yuan and rouble
currencies in commodities trade, lessening reliance on the U.S. dollar. read more
China, the world's largest energy consumer and top buyer of crude oil, liquefied natural
gas and coal, has imported 17% more Russian crude between April and July from the
same period a year ago.

It has also bought over 50% more LNG and 6% more coal from Russia during the same
period while electricity imports from Russia, mainly via a cross-broader transmission line
connecting northeast China and Russia's Far East, soared by 39%.
China's oil, gas, coal and electricity purchases from Russia amount to $43.68 billion so
far this year.
Cheaper Russian energy supplies are helping to dampen inflation in China, where the
economy narrowly avoided contracting in the second quarter amid COVID-19 lockdowns.
"The upcoming meeting between Xi and Putin will likely fortify China's ties with Russia in
energy trade for mutual benefit, particularly at a time when Russia (is) grappling with
intensified western sanctions while China is in need of low-cost energy to shore up its
sagging economy tarnished by COVID lockdowns," said Zhuwei Wang, manager, Asia
Oil Analytics, S&P Global Commodity Insights.
PROFITABLE TRADE
Russia became China's top crude supplier from May to July, accounting for 19% of
China's imports, versus 15% in the same period of 2021, Chinese customs data showed.
Moscow's share could grow to more than 20% this year, Dutch bank ING said in August.
China saved about $3 billion in buying Russian oil versus other imports between April
and July, according to Reuters calculation based on customs data. On average, China
paid about $708 per tonne for Russian crude while the value of imports from the rest of
countries was $816 per tonne.

For LNG, China's imports from Russia rose 26% in the first seven months from the same
period a year earlier while exports jumped to 66,798 tonnes in July, the highest since
2019, on re-exports to Europe and Japan, the data showed.
"China is taking advantage of the disrupted trade flows, including by buying discounted
Russian oil and LNG cargoes, while swapping out alternative volumes back into Europe
at higher prices, delivering a profitable trade," said Saul Kavonic, head of Integrated
Energy and Resources Research at Credit Suisse.
China also has long-term incentives for Russian supply as it strives to meet new carbon
emissions targets and boosts gas consumption. That prompted a February deal for a
new pipeline from Russia to start in the next two to three years. read more
BUILDING COAL STOCKS
China's coal imports from Russia jumped to their highest in at least five years in July, as
it bought discounted coal while Europe shunned Russian cargoes ahead of a ban that
came into force on Aug. 11. read more
Russian thermal coal with a heating value of 5,500 kilocalories (kcal) traded around $150
a tonne on a cost-and-freight basis in late July, while coal of the same quality at

Australia's Newcastle port was assessed at more than $210 a tonne on a free-on-board
(FOB) basis.
Though Russian supplies meet only about 1% of Chinese needs, some traders expect
more Russian coal to arrive in the fourth quarter when utilities build stocks for the winter
heating season.
Analysts said that while the gains for China are clear, Russia remains more reliant on
the trade than China.
"However the war is resolved, it is apparent that Russia can no longer rely on its major
energy export markets in Europe for the foreseeable future, and the redirection of its
energy and commodity exports towards the East will gather pace," Tilak Doshi, managing
director of Doshi Consulting, said.
($1 = 6.9294 Chinese yuan)

NewBase September 14 -2022 Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Oil prices edge lower on prospect of rising U.S. interest rates
Reuters + NewBase
Oil prices inched lower on Wednesday on concerns of another U.S. Federal Reserve interest rate
hike next week after consumer prices unexpectedly rose in August, outweighing support from a
robust OPEC oil demand growth forecast.
Brent crude futures fell 38 cents, or 0.4%, to $92.79 a barrel by 0407 GMT. U.S. West Texas
Intermediate crude was at $87.02 a barrel, down 29 cents, or 0.3%.
Pressuring prices was a hotter-than-expected U.S. inflation report on Tuesday that dashed hopes
that the Fed could scale back its rate policy tightening in the coming months. Fed officials are set to
meet next Tuesday and Wednesday, with inflation remaining way above the U.S. central bank's 2%
target.
Oil price special
coverage

"A strong U.S. dollar and an expectation for another super-sized rate hike by the Fed weighed on
sentiment, said Tina Teng, an analyst at CMC Markets.
The dollar climbed close to a 24-year peak against the yen on Wednesday. Oil is generally priced
in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other
currencies. In China, tough ongoing COVID-19 curbs are squeezing fuel demand at the world's
largest oil importer.
"China's zero-COVID policy remains intact and that will keep any rebounds that emerge over the
coming weeks capped," said Edward Moya, a senior market analyst at OANDA, in a note.
"The U.S. is the big wildcard and if that demand outlook weakens, oil could resume its downward
trajectory that has been in place since the start of the summer."
On the supply side, U.S. crude stocks rose by about 6 million barrels for the week ended Sept. 9,
according to market sources citing American Petroleum Institute figures on Wednesday. The U.S.
government will release inventory data at 10:30 a.m. EDT (1430 GMT) on Wednesday.
Lending some support to oil prices, the Organization of the Petroleum Exporting Countries (OPEC)
on Tuesday reiterated forecasts for growth in global oil demand in 2022 and 2023, citing signs that
major economies were faring better than expected despite headwinds such as surging inflation.
Oil demand will increase by 3.1 million barrels per day (bpd) in 2022 and by 2.7 million bpd in 2023,
OPEC said in a monthly report, leaving its forecasts unchanged from last month.

NewBase Specual Coverage
The Energy world –September -01 -2022
CLEAN ENERGY
The Energy Weapon Will Backfire: Elements by David Fickling
Source: Bloomberg - David Fickling
The rout of Russia’s army in northeast Ukraine over the past few days has many hoping momentum
has shifted decisively away from Moscow. In the energy war, Vladimir Putin’s brigades actually
look in better shape. Europe is paying many times more than normal for gas supplies, putting its
currency on the skids and the economy on the verge of recession.
Pipelines near the Bovanenkovo gas field on the Yamal Peninsula in Russia.
But look beyond this winter and it’s possible to see how Putin’s energy weapon will backfire.
It’s easy to forget now, but the biggest beneficiaries of the oil embargoes of the 1970s
weren’t Riyadh or Tehran. Oil production from Middle Eastern countries fell by about 4.6 million daily
barrels between 1972 and 1982. Ironically, Moscow was the biggest winner: Soviet production rose
by 4.3 million barrels.
By cutting off almost all gas supply to Europe, Putin all but guarantees a similar outcome to the Gulf
five decades ago — losing market share to alternative suppliers and new energy sources.
By cutting off almost all gas supply to Europe, Putin all but
guarantees a similar outcome to the Gulf oil embargoes of
five decades ago — losing market share.

The ways Putin is squandering his energy dominance are the subject of a fascinating two-
part interview between Georgetown University energy expert Thane Gustafson and my
colleague Liam Denning.
In the longer run, commodity consumers always have the option of substitution, a fact that
hydrocarbon states perennially underestimate in trying to extract leverage.
Bottom of Form
Moscow doesn’t just face rivals in the form of giant gas exporters from Qatar to the US — supplies
that will flow even faster once new import terminals start opening — it’s also challenged by
affordable alternatives.
Take hydrogen. The availability of Russia’s dirt-cheap pipeline gas was one reason why green
hydrogen seemed unlikely to displace methane in Europe’s energy system — even at a targeted
1.80 euros ($1.82) per kilogram by 2030, or a bit less than 17 euros a megawatt-hour. Today, it’s
been about 18 months since we’ve seen benchmark gas futures so cheap.
The Middle East paid for using energy as a weapon in the 1970s with punishing recessions in the
early 1980s, followed by a multidecade struggle to regain the upper hand. Russia faces the eventual
prospect of an even more resounding economic defeat.
Source: Steelhome, Bloomberg
Singapore iron ore prices have put in their best weekly performance since July — somewhat
surprising given the amount of doom and gloom coming from China’s real estate sector. One
explanation is the state of the country’s steel rebar inventories, which appear headed toward the
lowest in at least five years. If building sites start running out of metal as stimulus bites, blast
furnaces will spark up again.

What progress is the EU making on ending its reliance on Russian energy?
European Union leaders say they will block Russian oil imports arriving by sea by the end of
2022.The EU has also committed to reducing gas imports from Russia by two-thirds within a year.
The bloc is also looking at accelerating its clean energy transition by setting aside "go-to areas" of
land or sea for renewables. Moscow’s invasion of Ukraine over 100 days ago led to EU demands
to dramatically cut the bloc’s use of Russian energy. But what has the European Union actually
done since then?
Russia has historically been the world’s leading exporter of natural gas and the second-largest oil
supplier after Saudi Arabia. It has also been the EU’s leading supplier of imported oil, gas and
coal, accounting for two-fifths of gas supplies, a quarter of crude oil deliveries and almost half of all
shipments of solid fuel, such as coal.
Around half of Russia’s crude oil exports went to Europe in 2021, including to non-EU members the
UK and Norway. EU countries paid €99 billion ($105 billion) for Russian energy imports last year,
according to the European Commission – two-thirds of the total value of goods the bloc imported
from Russia.
EU countries and the UK have regularly paid more than $100 billion a year for Russian energy
supplies. Image: Statista

EU bans on Russian energy
But at the end of May, the EU said it would block all Russian oil imports by sea by the end of 2022.
That will cut off around two-thirds of Russian oil supplies to the bloc.
Poland and Germany have also said they will end pipeline imports, but not all member states have
agreed to this. Hungary and Slovakia are dependent on receiving oil from Russia through pipelines.
The move is part of a sixth round of sanctions approved at a summit in Brussels. European Council
President Charles Michel says this will cut off a huge source of financing for Russia’s war on
Ukraine.
Share of Russian energy resources in total oil and petroleum product imports in the European
Union (EU) and the United Kingdom (UK) in 2020, by country. Image: Statista

EU countries are now looking to buy more oil from other producers. More oil is also being put into
world markets – members of the International Energy Agency, which include the US, said in April
that they would release 120 million barrels of crude and oil products from emergency stockpiles to
try to keep prices down.
Alternatives to Russian gas
The EU also committed in March to reducing gas imports from Russia by two-thirds within a year,
but it has proved difficult to get agreement on further measures such as an outright import ban.
Germany relies on Russia for almost half of its gas supply, and has recently had to limit gas use in
electricity production and appeal to citizens to conserve energy after Moscow cut some supplies, Al
Jazeera and the Financial Times report. The supply disruption is also forcing Germany to use more
coal-fired power plants.
The UK is increasing its gas exports to continental Europe in an attempt to help to fill storage sites
ahead of the winter, the country’s Office for National Statistics says. The EU is also planning for
longer-term energy independence. Just weeks after Russian forces invaded Ukraine in late
February, Brussels announced the REPowerEU plan to end all Russian energy imports by 2030.
“We must become independent from Russian oil, coal and gas,” said European Commission
President Ursula von der Leyen. “We simply cannot rely on a supplier who explicitly threatens us.”
Green transition
As well as securing alternative energy supplies, the REPowerEU plan aims to speed up the green
transition by increasing investment in renewable energy.

The EU had already begun a shift away from fossil fuels before Russia’s invasion of Ukraine.
Its Green Deal, launched in 2019, aims to more than halve EU greenhouse gas emissions by 2030
and take Europe to net-zero by 2050.
It is now looking to speed this up by allowing some renewable energy projects to receive permits
within a year, rather than potentially having to wait two years, Reuters reports. The European
Commission will propose that countries set aside "go-to areas" of land or sea for renewable energy,
where such projects would have a low environmental impact.
Germany's cabinet this month approved plans to require all states to allocate a minimum amount of
land to onshore wind farms.
And on 27 June, EU energy ministers backed laws to save energy and promote renewables, with
aims to derive 40% of renewables sources by 2030 and cut energy consumption by 9% against
expected levels.
“Let's dash into renewable energy at lightning speed,” says Frans Timmermans, who heads the EU
Green Deal. “Renewables are a cheap, clean, and potentially endless source of energy and instead
of funding the fossil fuel industry elsewhere, they create jobs here.”

NewBase Energy News 14 September 2022 - Issue No. 1547 call on +971504822502, UAE
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www.linkedin.com/in/khaled-al-awadi-38b995b
Mobile: +971504822502
khdmohd@hawkenergy.net or khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas
sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S.
Universities. Currently working as self leading external Energy consultant for the GCC
area via many leading Energy Services companies. Khaled is the Founder of the
NewBase Energy news articles issues, Khaled is an international consultant, advisor,
ecopreneur and journalist with expertise in Gas & Oil pipeline Networks, waste
management, waste-to-energy, renewable energy, environment protection and
sustainable development. His geographical areas of focus include Middle East, Africa
and Asia. Khaled has successfully accomplished a wide range of projects in the areas
of Gas & Oil with extensive works on Gas Pipeline Network Facilities & gas compressor
stations. Executed projects in the designing & constructing of gas pipelines, gas
metering & regulating stations and in the engineering of gas/oil supply routes. Has drafted
& finalized many contracts/agreements in products sale, transportation, operation & maintenance
agreements. Along with many MOUs & JVs for organizations & governments authorities. Currently dealing
for biomass energy, biogas, waste-to-energy, recycling and waste management. He has participated in
numerous conferences and workshops as chairman, session chair, keynote speaker and panelist. Khaled is
the Editor-in-Chief of NewBase Energy News and is a professional environmental writer with over 1400
popular articles to his credit. He is proactively engaged in creating mass awareness on renewable energy,
waste management, plant Automation IA and environmental sustainability in different parts of the world.
Khaled has become a reference for many of the Oil & Gas Conferences and for many Energy program
broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see
contact details above.

NewBase 14-September -2022 Energy News issue - 1548 by Khaled Al Awadi (AutoRecovered)_compressed.pdf

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NewBase 14-September -2022 Energy News issue - 1548 by Khaled Al Awadi (AutoRecovered)_compressed.pdf