EUROPE'S GAS SECURITY
IEA - The security of European natural gas supplies has rarely been far off the political agenda. New gas pipeline and LNG projects command high levels of attention, particularly in the context of the European Union's growing need for imports: its own production is declining; around 100 billion cubic metres (bcm) of long-term contracts expire by 2025; and there is some upside for gas consumption – at least in the near term – as coal and nuclear plants are retired. We estimate that the EU will have to to seek additional imports by 2025 to cover up to one-third of its anticipated consumption.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.