Europe Should Look West for Natural Gas

Norwegian gas tanker
The Norwegian liquified natural gas tanker Arctic Discoverer docks at Cove Point, Maryland (StatoilHydro/Roar Lindefjeld)

Since 2000, Europe’s energy security scene has been marked by efforts to overhaul the European Union’s dependence on foreign imports of natural gas.

In an effort to secure natural gas for its growing needs, almost a 26 percent increase from current levels over the next 25 years, the EU has looked for a more diverse, flexible natural gas grid with a focal point on obtaining hydrocarbons from nontraditional suppliers.

The Caspian region has been the focus of this search over the last decade, but recent developments may signal that this search is futile and now obsolete. Read more “Europe Should Look West for Natural Gas”