... initiated as soon as it became clear that oil could not be supplied by sea. However, designing and obtaining various approvals, including negotiations with landowners for land acquisition, takes considerable time. Additionally, there are risks of banning oil supplies via the pipeline. The construction and laying of the pipeline itself likely won't take long due to its relatively short length,” says the interlocutor. The Serbians themselves are reportedly also stalling the project because they are questioning ...

... natural gas: significant volumes of LNG are being delivered to China from 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 volumes that ...

... regarding the future of substantial volumes of Russian exports (primarily to China and India) and may lead to a realignment of global oil flows. In Europe, the trend continues towards reducing dependence on Russian energy carriers. Imports of Russian oil and petroleum products into the EU have effectively ceased due to the existing embargo, and pipeline gas supplies have been reduced to minimal amounts. The EU is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace falling volumes. However, completely ...

... than expectations. The government is discussing the possibility of temporarily adjusting or suspending the damping mechanism if oil prices and exchange-related factors continue to reduce export revenues. Thus, balancing interests—keeping prices affordable ... ... stability in Europe: current exchange prices remain significantly below the peaks of 2022–2023. The energy geography of gas supplies to Europe has changed significantly over the last year. Here are the key changes in routes and sources: Ceasing Transit ...

... causes of these risks, including limited LNG availability and geopolitical challenges. We also look at the EU's response—expanding LNG imports, building strategic reserves, and improving energy efficiency—to ensure energy security. As founder of Open Oil Market, I emphasize the importance of a resilient energy strategy to secure stable, affordable supplies for businesses in uncertain times. Gas Supply Risks for Europe This Winter: Causes and Measures to Ensure Energy Security Energy security has always been a priority for the European Union, particularly in the winter months. However, given the ...