Germany Willing to Its Reduce Energy Dependence on Russia with Help of Africa: Experts

Azerbaijan, Baku, 21 July/ Trend , corr A. Badalova/ Germany intends to import a gas from Algeria in order to reduce its dependence from the supply of hydrocarbon from Russia, the international analysts interviewed by Trend said.

Last week, during his first official visit to Algeria the German chancellor Angela Merkel expressed Germany's wish to enhance cooperation with the North African state in the sphere of gas. Merkel said during the meeting with President of Algeria Abdelaziz Bouteflika that his state is the third largest gas supplier to Europe; however Germany does not purchase Algerian gas. The national oil and gas company of Algeria Sonatrach is one of the large gas suppliers to Europe.

According to the German political expert and director of Russia and CIS program of the Foreign Policy Council of Germany Alexander Rar, Germany is looking for an alternative for the Russian gas.

" Germany is willing to diversify purchase of the Russian gas. Nabucco gas pipeline may not be constructed and funds may not be collected for it. Iran can also join it, but Americans oppose it," Rar said to Trend by e-mail.

According to Rar, Germany is interested in the policy of French President Nicola Sarkozy on the Union for Mediterranean. In mid-July, Union for Mediterranean was established in Paris conference at the initiative of French president. The Union seeks to unite EU member states possessing access to the Mediterranean Sea.

"Naturally, EU starts this initiative toward Maghreb to realize energy projects with Algeria, Libya and other countries," Rar said. The Maghreb countries include Mauritania, Morocco, Algeria, Tunis and Libya.

According to Elena Savchik, the analyst on oil and gas of Renaissance Capital investment group, EU and other countries of the Old World are very concerned about the energy dependence from Russia and therefore, they make every effort to reduce it. This issue is of political character, Savchik said by telephone to the special correspondent of Trend on 21 July.

" Germany as any other European state will do its best to diversify its import of hydrocarbon, but whether it will be success - it is a separate issue," Savchik said.

According to Savchik, Germany's importing gas from Africa is a search for any opportunities, though the key point is the supply.

"The problem of Europe is that no one is likely to replace Gazproms' supplies," analyst said.

The Russian natural gas makes up 40% of Germany's import. Germany also purchases gas from Norway. Recently, head of the Russia's gas monopolist Aleksey Miller said that the price of the oil supplied to Europe will rise from $410 to $500 for cubic meters from 1 January 2009 on.

According to Savchik, Gazprom puts up gas prices, not because it is monopolist, but because, it is the rule of market.

"The oil prices will raise all over the world from 2009 as a gas directly depends on oil prices. Germany and other European countries are less likely to be able to pay less for any other gas," Savchik said.

A. Gasimova and R. Agayev also contributed to this article.

The correspondent can be contacted at: [email protected]

Subscribe to Trend in Google News! Subscribe
S Korea's effective measure to free Iran's frozen fund - Iran deputy FM
S Korea's effective measure to free Iran's frozen fund - Iran deputy FM
Iran has been destabilizing actor in many ways - US State Dept on Iran's action against Azerbaijan
Iran has been destabilizing actor in many ways - US State Dept on Iran's action against Azerbaijan
Azerbaijani, Iranian FMs hold phone talks
Azerbaijani, Iranian FMs hold phone talks
Loading Bars
Iran continues to sell state-owned property
Turkey names volume of cargo traffic via its ports from China for 8M2021
Turkmenistan’s education ministry opens tender for drip irrigation system
Turkey reveals volume of cargo shipment via local ports from Belgium for 8M2021
Iran boosts exports to Pakistan
Number and value of exchanged checks in Iran increases
Kazakhstan to develop railway corridors to China
Azerbaijan notes decrease in oil prices
Uzbekistan, Int'l Foundation for Electoral Systems discuss co-op prospects
Turkmen Khazar Consortium opens tender for building materials
Azerbaijan repairing small hydropower plants in liberated lands
Iran provides land for affordable housing project
Iran shares data on trade turnover with ECO member states
Iran sees increase in exports to Azerbaijan
TBC Capital publishes weekly economic review of Georgia
Most COVID-19 infection cases in Azerbaijan fall on Baku
Heydar Aliyev Center in Baku to hold concert of famous European chamber orchestra
Iran cannot accept loss of control for "gray zone" of drug trafficking via Karabakh - analyst
Colder winter could boost gas to oil switching demand
'Umblical cord': In Israel, Jaishankar hails contribution of Indian Jewish community
Further boost in OPEC+ output could risk building inventories above five-year average
India, US, Israel & UAE coming together to form a 2nd Quad?
Azerbaijani army starts command post exercises in Lachin district
Iranian currency rates for October 19
Iran makes investments in oil and gas fields in Ilam Province
Saipem to adopt Honeywell Forge software to create digital twin
Iberostar to purchase 10 tons of hydrogen
Uzbekistan completes construction of new airport in Sokh district
Karabakh’s rivers must be cleaned up before return of population – Azerbaijani deputy minister
Russia, Azerbaijan progressively developing co-op in agriculture – Russian ministry
Black Sea Trade and Development Bank launching new tender
India, Israel to start talks on free trade agreement next month
Baku International Sea Trade Port sees increase in cargo transshipment for 9M2021
Mexico to begin packaging Sputnik V vaccine in second half of November
Oil prices fall as weaker China growth, U.S. output stoke demand concerns
Turkmenistan’s enterprise launches filament lamps production
Germany might offer its experience in restoration of Azerbaijan’s Karabakh
Toshkent Metro to be under jurisdiction of Transport Ministry of Uzbekistan following presidential decree
Top U.S. envoy to Afghanistan stepping down
Georgia reveals TOP-10 of largest energy consumers in country
Over 70% of Iranians already received first dose of COVID-19 vaccine - Iranian President
Iran's ministry shares financial data on backing its industrial, mining enterprises (Exclusive)
COVID-19: Kazakhstan adds over 1,300 fresh cases in 24h
N.Korea fires ballistic missile as military activity surges
Algeria lifts lockdown nationwide amid drop in COVID-19 cases
Road crash kills 11 in Ecuador
Turkey summons envoys of 10 countries over Kavala statement
Gunmen kill at least 43 in northern Nigeria - state governor
Apple introduces M1 Pro, M1 Max chips
Number of COVID-2019 cases across globe exceeds 240 mln
Morocco police seize over one tonne of cocaine in Tangier port
Latvia announces four weeks of lockdown as COVID-19 cases spike
Chronicles of Victory: President Ilham Aliyev interviewed by Russian TASS news agency on October 19, 2020 (PHOTO/VIDEO)
Chronicles of Victory: October 19, 2020
Occupation Museum, Memorial Complex and adjacent Victory Park will be built in Fuzuli
Israel congratulates Azerbaijan on Independence Restoration Day
Turkish President congratulates Azerbaijan on Independence Restoration Day
Tigray forces say air strikes hit Ethiopia's Mekelle, government denies
Czech president too ill to work, politicians discuss relieving him of duties
PMs discuss Belarus-Kazakhstan economic cooperation
Pentagon chief says US values Georgia as strategic partner
Azerbaijan's flag illuminated on TV tower in Georgia due to anniversary of restoration of Azerbaijan's independence (PHOTO)
Iran unveils details of its trade turnover with Oman
Bahar Azadi gold coin price continues to fall in Iran
Iran’s Lavan Oil Refining Company reveals products on sale at IRENEX
Post Bank of Iran sees increase in revenues
Price of Turkmen gas supplied to China grows - Wood Mackenzie
Turkey's Presidential Administration congratulates Azerbaijan on Independence Restoration Day
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,245 more COVID-19 cases, 409 recoveries
Georgia and US sign Memorandum of Understanding
Uzbekistan Railways expanding transport, logistics co-op with sea and dry ports
Azerbaijan to hold new auction for state property facilities
Saudi fast-food franchise operator Alamar Foods considers IPO
French ambassador makes statement on occasion of Azerbaijan's Independence Restoration Day
German companies interested in expanding economic co-op with Azerbaijan
EU has exported over 1 bln COVID-19 vaccines
U.S. manufacturing output declines in September
Azerbaijan issues startup certificates to more SMEs
Uzbekistan’s private airline launches flights from Tashkent to Moscow
Iran eyes resuming import of Turkmen gas
Azerbaijan's Khudafarin bridge in Jabrayil district - finally liberated (PHOTO)
Azerbaijan’s renewable energy potential exceeds installed capacity fourfold
Kazakhstan to extend food import substitution measures amid COVID-19
Ukraine has every capability to restore infrastructure of Azerbaijan’s liberated territories – MP
Playtech acquired for $3.7b
Total value of Azerbaijan's oil export abroad up in 9M2021
Georgia to further develop relationship with Azerbaijan - Georgian MFA
EU Special Representative for South Caucasus to visit Azerbaijan
Iran records decrease in production of raw steel, steel products
Weekly review of Azerbaijani precious metals market
Turkish MoD congratulates Azerbaijan with its Independence Restoration Day
Ukrainian companies may partake in construction, restoration of Azerbaijan’s Aghdam – MP
Azerbaijan's announces drastic increase in car imports for 9M2021
Pan-European Executive MBA designed specifically to integrate holistic approach to business (VIDEO)
NATO ready to support ensuring peace in South Cacasus region - special rep
Non-OPEC oil output to more than half from 2020 levels
Weekly review of Azerbaijani currency market
Iran reveals COVID-19 data for October 18
Israel and Azerbaijan are great allies and partners, who have common interest in region – former Israeli MP
All news