The explosion of Russia's "North Stream" natural gas pipeline continues to ferment, and the international community disagrees on the issue of who is the destroyer. On the 4th day after the explosion of the "North Stream" pipeline, Russian President Putin said something resounding around the world. According to the news released by the Kremlin on September 29, Putin said on the same day that the destruction of the natural gas pipelines of " Nord Stream-1" and " Nord Stream-2" is an international act of terrorism.
Putin can no longer bear it. The Russian Procuratorate has filed an investigation into the "North Stream" pipeline explosion on the charge of "international terrorist attack". Russia also pointed the finger at US President Biden , demanding Biden respond to his previous remarks that he wanted to make "North Stream" no longer exist. However, the United States flatly denies this. On September 28, White House spokesman Pierre said that Biden only promoted the German government to freeze the "North Stream 2" project, and "the United States should not be responsible for this matter." The US State Department also accused Russia of "spreading false information."
Russia and the United States have a fierce confrontation, but the biggest victim in the end is Europe. Russia has lost the bargaining chips for negotiations with European countries, and Europe has to face the dilemma of extreme shortage of natural gas , while US natural gas exporters will predictably make a huge profit. In a short period of time, the natural gas stored in Europe can remain stable, but the uncertainty and volatility of energy prices will increase; in the long run, even if Europe completes its gas storage target ahead of schedule, its current inventory will only be enough for 2-3 months. Considering political and livelihood needs, EU may give priority to ensuring electricity consumption in the residential sector, thereby squeezing the energy supply of the industrial sector, which is likely to lead to a decline in industrial production and impact chemical production.
Although U.S. Secretary of State Blinken said on September 27 local time that he believes the leakage will not have a significant impact on Europe's energy supply, and that Washington is working to resolve long-term and short-term energy security issues in Europe. But the US aid is not free, and American companies that supply liquefied natural gas to Europe may make a fortune. On September 30, the signing ceremony of the "Entry into Russia" treaty in four places including Donetsk was held in the Kremlin, and Putin attended the ceremony. Many analysts believe that there is no room for improvement in the future, whether it is the situation in Russia or Ukraine, or the relations between Russia and Europe, and this winter may be full of cold and pain.
