Diversifying supplies can ensure Europe's gas security

The EU recognises the importance of Liquefied Natural Gas (LNG)
The EU recognises the importance of Liquefied Natural Gas (LNG)

Each time there is a fall-out between Russia and Ukraine, urgent calls are made for the European Union to free itself from Russian gas. The reality is that the EU is in a better state than it was 20 years ago, partly because it has succeeded in diversifying its gas supplies and partly because gas markets are undergoing structural changes potentially benefiting buyers.

<i>The EU has considerably diversified its sources of gas since the 1990s and more than 80 per cent of the growth in imports originates from countries other than Russia. Russian gas dependence is not evenly distributed among the EU members. The EU’s primary energy mix remains dominated by fossil fuels. Natural gas...

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