Gas War
As the war rages in Ukraine, the EU looks to Africa to fill its gas reserves. But in fleeing one war, Europe will run into another.
Before the war, Europe depended on Russia for about 40 percent of its gas supply. But that is changing. In March, before the recent cuts in gas flow, it was already clear that Europe was at risk of running out of gas during the winter. That’s why, on March 23, the European Commission passed a bill to designate gas storage infrastructure as essential. It also requires that each member state reach a reserve level of 80 percent of total gas capacity by November 1.
Read more at “EU Expands African Gas Deals”
Leave a Reply