European countries’ pathways to wean themselves off Russian gas will take time
Global LNG analysis report 2023 – Part 3
The third part of this deep-dive analysis looks at liquefaction and regasification developments in the Europe and Russia
Russia’s invasion of Ukraine started a chain reaction that has had significant consequences for energy supplies to Eastern and Western Europe, as well as capital construction and the export ambitions of Russia. Due to Russia’s aggression, most Eastern and Western European nations are looking away from Russia for energy supplies, especially when it comes to gas. However, this is a difficult task given that Western Europe relies on Russia for approximately 40pc of its gas supplies. Many of the European countries’ pathways to wean themselves off Russian gas will take time and significant capital (e.g.,for building new LNG import capacity or ordering/mooring new FSRUs). To help fill the void cre
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
