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2014-10-16 21:45:00

IMPORTANT RUSSIAN GAS

IMPORTANT RUSSIAN GAS

Europe's natural gas supply mix likely won't change much without drastic policy interventions despite recent renewed concern over instability in Ukraine, a new Brookings Institution policy brief concluded. This effectively will ensure a continuing significant market share for Russia, it said.

"Over 2 decades of market reforms in Europe, overdependence on Russian gas as a problem has been overstated," said Tim Boersma, an Energy Security Initiative fellow in Brookings's Foreign Policy program and one of the four authors. "But a lot more needs to be done, particularly attracting more infrastructure investment."

The…

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Tags: GAS, EUROPE, RUSSIA, LNG,
Chronicle:
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