China Considering Selling Energy To Europe To Replace Lost Nord Stream Supply

China’s state-owned media is discussing the possibility that the communist country might begin exporting refined oil products to European nations to replace the natural gas supply now apparently lost forever because of the attacks on the Nord Stream pipelines.

The two Nord Stream pipelines connect Russia to Europe from beneath the Baltic Sea. Initially reported leaks have been determined to have resulted from at least three intentionally set explosions. Both pipelines have been discharging natural gas into the Baltic and the atmosphere at an alarming rate as a result.

Experts now believe that seawater corrosion in addition to the damage caused by the blasts is likely to render the pipelines permanently inoperative. It remains unclear who is responsible for the simultaneous attacks on the pipelines.

Even though the Chinese Foreign Ministry has not addressed the attacks, the Chinese Communist Party has used its media outlet, Global Times, to speculate about what the country might gain by jumping in to supply fuel to Europe as the continent faces a dire energy crisis.

The Global Times wrote on Thursday that China, which has “sufficient spare capacity,” could be a replacement source of energy for Europe. The outlet suggested that China may need to increase oil product prices significantly to deal with the “volatility of the situation in Europe.”

The outlet has placed blame on the U.S. for the damage to the Nord Stream pipelines, even though it also refers to the leaks as an “accident” and the cause as a “forever mystery.”

Chinese media has also suggested that European countries should replace lost Russian energy supplies with “renewable energy” products manufactured in the communist country. Of course, China has heavily invested in producing wind turbines and solar panels it proposes to sell to energy-starved European countries.

China Daily, another newspaper owned by the Chinese government, has openly questioned Russia’s invasion of Ukraine this week. The outlet wrote: “The Russia-Ukraine conflict shows no sign of easing largely due to a lack of diplomatic efforts by, and political will of, countries involved to help the two sides resolve their differences,”

Possibly sensing the opportunity to corner much of the European energy market, China Daily added that “those responsible for the alleged sabotage might have caused a major escalation in the conflict.”