Scaroni: “Much ado about nothing about the oil embargo”
“If I had to summarize the announcement at Petroleum Russian developed from Europe I would do it with a sentence: much ado about nothing ”. Paolo Scaroni, president of the Milan but a past as CEO before Is in the and then of Enicomment with Affaritaliani.it on the sidelines of the Trent Festival of Economicsor the result of the sixth package of sanctions that Europe has developed against the Russia. “If they had asked me – he tells us – what action could be taken, I would have done the same: ban of the Petroleum by sea, but not by pipeline, otherwise Hungary or other countries that do not have it outlet on sea they find themselves running out of hydrocarbons. What were they supposed to do, transport him by truck? Instead we talked for 2-3 monthswith a lot of chatter, and in the end it is arrived to the only one solution logic“.
“Sanctions hurt those who suffer them but also those who inflict them”
The sanctions were needed to punish a Village what does it have attacked a other. But, of course, they also have consequences for whoever issued them. “We are entered rightly in a path – adds Scaroni – in which we know that there we are doing the bad we too. The Petroleum it’s at 120 dollars to the barrel, hitting the third largest producer in the world means setting out on a dangerous path. This is not to say that I am taking a pro-Russia stance, but this year the planet will have a record consumption of oil, that is 102 million barrels per day“.
For the manager, the war between Russia And Ukraine it has had a notable impact but it is not the only factor that has affected the current condition of energy tension. In the post-Covidfor example, the mobility it is broken down as and more than Before, with the use of private means which is much higher than before. Not only that: “The multinationals of energy – he says Scaroni – have been besieged for four years by stakeholders who asked not to increase the explorations and the drilling, decreasing so the capacity of production. But if the demand increases and we have a smaller volume, obviously i prices they go up. And this regardless of the conflict “.
Renewables do not yet offer the minimum volumes required
From the 2004 to 2021have been invested globally 3.8 trillion dollars, which however represent less than 3% of global consumption. “Before you get to the 20% – concludes Scaroni – years will pass and in the meantime we will go to Petroleum to gogò. But we have to start produce itotherwise prices will fly to $ 1,000 per barrel. It is not one slogan there sustainabilityit’s a need. But for the moment it’s a little little thing. Useless that we pretend to nothing: the Petroleum will continue to to be hero“.
“Happy that the negotiations for Milan have closed”
Finally a joke also on Milan. The deal that led RedBird the acquisition of Milan has now reached the final details. “I’m happy – Scaroni said – that everything was over before the transfer market started”.
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