The uncomfortable truths of Europe’s gas imports policy

With the conclusion of the winter season, it appears that the European Union (EU) has successfully avoided the anticipated gas shortages and blackouts. Europe’s gas imports profile has changed. But the risks associated with these new gas sources have received little attention. With the conclusion of the winter season, it appears that the European Union (EU) has successfully avoided the anticipated gas shortages and blackouts. This outcome can be attributed to a mild winter, a decrease of 13% in gas consumption, and a substantial influx of LNG imports. While the EU can breathe a sigh of relief, there is no […]