Former German Chancellor Gerhard Schröder said that Germany and Europe will have problems with natural gas as of this winter, and although it seems that the problem can be overcome for now due to Germany's gas stocks, serious solutions should be developed for the coming years. Stating that the Southern Gas Corridor could be one of the alternatives for Europe, Schröder noted that Turkey plays an important role in diversifying Europe's gas supply.
Schröder, who is the Chairman of the Shareholders Committee of Nord Stream AG and 2 AG, spoke at the special session of the 12th Antalya Energy Summit, which was held under the auspices of the Ministry of Energy and Natural Resources with the theme of "Energy and Geopolitics Special".
Stating that many companies in Europe are faced with sudden price increases, Schröder said, "Ensuring energy supply security is essential for energy prices to remain at a reasonable level." used the phrase.
Noting that natural gas companies made huge profits in this period of price increases, Schröder said:
“This whole supply chain needs to be regulated. Otherwise, we may find ourselves in a very serious gas shortage. The main gas consumers of Europe and Germany were importing 90-95 billion cubic meters of natural gas from Russia before the war. This is a very difficult alternative to replace. "We have to end this war somehow. There is also the political aspect of the matter. We need to be more careful with each passing day. We need to know that we may not always have access to Russian gas."
Schröder stated that the amount of natural gas that can be obtained from Norway or Algeria among alternative sources may be insufficient.
Stating that the Southern Gas Corridor could be one of the alternatives for Europe, Schröder noted that Turkey plays an important role in diversifying Europe's gas supply.