The EU’s energy chiefs have been on the road, visiting authoritarian states in the Caspian region and North Africa in the hunt for future gas supply contracts that would lessen the bloc’s current dependency on Russia.
In theory, there are plenty of possibilities for new piped gas imports from Turkmenistan, Algeria and even Iran or Iraq. The problem is that there are political and economic problems in most of those regions which makes those prospects unlikely. Instead, the most reliable option for large new gas supplies to Europe within the next decade is by ship, as liquefied natural gas.
There’s lots of …read more
Source: European Voice