Economy

SKKA: 185 euros on natural gas in 1 year – The effects of the war in Ukraine on energy prices

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The Minister of Energy, Costas Skrekas, spoke to SKAI and George Avtias about the measures to support households and the increases in energy prices, as well as the effects of the war in Ukraine.

Mr. Skrekas, specifically, for natural gas stressed that its price was 200 euros yesterday, 80 euros 2 months ago and 15 euros a year ago. That is, since last year it has risen by 185 euros.

“Unfortunately, the illegal invasion by Russia into Ukraine has brought the markets out of control. “We have historically high levels in oil and gas and we also have historically high levels in electricity,” he said.

He then explained that 2 issues mainly concern the EU and Greece. The first is the adequacy of supply and the second is energy prices.

As he said, to address these issues “we have anticipated that additional liquefied gas loads will come. We have lignite for over 30 days, we have oil reserves for over 150 days and we have the possibility, the factories that produce electricity from natural gas, instead of natural gas to burn oil “.

“We have considered all the scenarios and the most unfavorable, but no one knows where a war can go,” he said.

Finally, he said that the government has the last euro in the subsidies for electricity bills, while the approval from Europe for the financing of the states for the energy is expected after the proposal of the prime minister.

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