Europe has wanted to wean itself from Russian natural gas ever since supplies from its eastern neighbour dropped during freezing weather in 2009. Almost a decade later, the region has never been more dependent.Gazprom, Russia’s state-run export monopoly, shipped a record amount of gas to the European Union last year and accounts for about 34% of the trading bloc’s use of the fuel. Russia will remain the biggest source of supply through 2035, Royal Dutch Shell said last week, echoing comments by BP in January.EU lawmakers have had their hearts set on diversifying supplies with liquefied natural gas delivered by …read more
Source: Gulf times
