Securing European gas supplies for the winters to come

In strategic terms, EU countries were better prepared for Algeria, Libya or Norway to terminate gas supplies than for Russia to do so completely. This approach was inconsistent, failing to take into account both the history of EU-Russia relations and Gazprom’s position on the European gas market Seven countries dominate the gas sector in the European Union: Germany, Italy, France, the Netherlands, Spain, Poland and Belgium. Together, they account for 80% of gas consumption, 88% of LNG import capacity, 70% of gas storage capacity, and most of the pipelines bringing non-Russian gas to Europe. Their decisions influence the direction in […]

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