... meters), which is significantly lower than the peak values during the crisis of 2022. Europe has managed to significantly diversify its sources of supply over the past year, increasing imports of liquefied natural gas (LNG) and reducing dependence on pipeline gas from Russia, thereby mitigating the impact of geopolitical factors. Even in the event of a harsh winter, such high starting reserves allow for expectations that shortages and extreme price spikes can be avoided. International Politics: Sanctions ...

... Qatar, Australia, and the spot market, bypassing U.S. gas. Meanwhile, Europe continues its course to reduce dependence on Russian energy resources. Imports of Russian oil and oil products to the EU have effectively ceased due to the ongoing embargo, and pipeline gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts with alternative suppliers are being negotiated) to replace the ...

... well as increased imports of liquefied natural gas (LNG)—around 12 billion cubic meters of LNG arrived in Europe in June, marking a record figure for the first summer month. High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters. Gas prices at the European TTF hub in the summer of 2025 remain relatively stable—significantly below the peak values of ...

... and the spot market, bypassing American gas. Concurrently, Europe continues its course to reduce dependence on Russian energy resources. Imports of Russian oil and petroleum products into the EU have virtually ceased due to the existing embargo, while pipeline gas deliveries have been lowered to minimal volumes. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts with alternative suppliers are being signed) to replace the ...

... spot market, bypassing American gas. Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new terminals are being constructed, and long-term contracts with alternative suppliers are being signed) to replace ...