Security of European natural gas supply is coming under threat as around 100 billion cubic metres (bcm) of long-term contracts expire by 2025, domestic production declines and consumption increases as coal and nuclear power plants are being retired. IEA analysts say the EU needs to secure additional imports – either pipeline gas or LNG – to meet up to one-third of its consumption.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here