Europe redraws lines on gas infrastructure map
The continent’s gas revamp looks to both LNG and nearby pipelines
Europe looked in a bind in 2022 as falling Russian imports caused gas prices to skyrocket. Infrastructure that had been built over decades to transport gas from Siberia to consumers in the EU was disabled or shut down in less than a year. More than 12 months after Russia’s invasion of Ukraine, the good news is Europe looks to be doing what is required to replace that infrastructure. The map of the continent’s gas infrastructure is set to be redrawn over the next few years as LNG terminals sprout up and pipelines are built to support and supplement the new gas imports. Russian gas imports fell precipitously last year, dropping from 167bn m³ in 2021 to 85bn m³ in 2022, with the remaining gas a
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
