The Telegraph: Europe will be Russia's hostage over gas supplies for at least another decade
Europe will remain heavily reliant on Russian gas for at least another decade, according to a leading rating agency.
Fitch said a lack of alternative sources meant policymakers would have no choice but to continue buying gas from Russia until at least the mid-2020s and "potentially much longer".
Europe already buys a quarter of its gas from Russia, and analysts expect consumption to increase by a third by 2030 as economies recover from the debt crisis and gas-fired electricity generation replaces old coal and nuclear power.