Much feared Europe dependent on Russian gas is not as overwhelming as it sounds, but it is a real threat, because some countries depend 100% or high proportions of gas imports from Russia. Russian imports to the EU average, however, was only 24% in 2012, according to The Economist. In 2013, they … [Read more...]
European Union`S Alternatives to Russian Gas
Ukrainian crisis has reopened discussions about energy security and European Union is desperately seeking for alternatives to Russian gas. The energy crises of 2006 and 2009 came back into Europeans attention and such a scenario can not be experienced again in 2014. Consequential, EU leadership … [Read more...]