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    Trend: Will Europe freeze without Russian gas?

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Summary

The current state of Europe forcing the "Old World" to urgently seek alternative sources of fuel supply.

by: Sruthi

Posted in:

Press Notes

Trend: Will Europe freeze without Russian gas?

Protracted conflicts in the Middle East, as well as the war in Ukraine, which "transported" to Europe 86 billion cubic meters of Russian gas last year, is forcing the "Old World" to urgently seek alternative sources of fuel supply.

Europe has partially solved this issue with plans to purchase Azerbaijani gas in the future. But these amounts do not reflect all the realities of an ever-increasing demand for fuel in the EU, for example, in 10-15 years. Judging by the current actions of European states, their governments are seeking gas sources corresponding to the following parameters:

Deliveries that will not be suspended because of armed conflict or geopolitical games; The prices of gas from sources will only reflect the situation on the market and will not be a weapon of geopolitical and economic influence;
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