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    Reuters: Little chance of Europe breaking Russia's gas dominance

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Summary

A U.S. congressional research paper on Europe's energy security said in March that "Russia will continue to remain Europe's primary energy supplier, including natural gas supplies, for many years and possibly decades."

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Press Notes

Reuters: Little chance of Europe breaking Russia's gas dominance

The European Union aims to diversify away from Russian natural gas supplies, yet Reuters research indicates the EU's biggest provider a decade from now could easily still be Russia.

Billions are to be spent on piping gas from Azerbaijan while new finds in Africa and eastern Mediterranean also promise new supply for the EU, which currently buys mostly from Russia and Norway.

Europe also gets liquefied natural gas (LNG), mostly from Qatar, and the U.S. shale boom could free up LNG exports from there in coming years, too.

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