RIA Novosti: Europe to Continue Relying On Russian Oil and Gas Through 2030: Expert

Europe will continue to rely on Russian oil and natural gas for a large part of its energy mix through 2030, barring unforeseen, drastic policy changes, said Tim Boersma, a researcher in the Brookings Institution's Energy Security Initiative (ESI).

“In sum, the analysis suggests that the transformation of fuel mix in Europe is not going to take place,” Boersma said on Tuesday, reviewing the conclusions of a new Brookings study entitled “European Gas Market Functioning in Times of Turmoil and Increasing Import Dependence”.

“We do believe that the share of Russia in Europe’s gas mix will be substantial and we also find in our analysis that for the larger part of Europe that’s not problematic.”

Read the related article and download the study HERE