FT Blog: European LNG - Political Wish But Economic Pipedream?

Even prior to Russia’s invasion of Crimea, energy security was a hot buzzword in Europe. But while many of the continent’s leaders frequently called for reduced dependence on Russia and greater diversification of energy supplies, practical progress on the issue was slow. The Ukraine crisis, however, has brought new momentum for a concerted push towards energy security. Talk of an “energy union” now surfaces high on the political agenda in Brussels, along with proposals for several infrastructure projects to connect Europe’s disjointed energy networks and build away bottlenecks.

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