... in the coming years due to the phased launch of four units at the Akkuyu nuclear power plant, which is expected to supply 10% of the country's electricity needs, the expert adds. "In general, the export of energy coal will decrease, but the situation for coking coal could be better. Coking coal, as a primary resource, is crucial for metallurgy. Demand for it will depend on the pace of China's economic development. Additionally, coking coal exports will shift to the Indian market, where rapid urbanization is taking place, and the steel industry needs it," concludes the NESF expert. Translated using ChatGPT Sourse: https://vz.ru/economy/2024/8/27/1283982.html

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... with fixed-term contracts and mitigate the unpredictability of U.S. LNG diversions. Deepening Dependency and Vulnerability If Europe continues to rely heavily on external LNG sources, the risk of supply interruptions will remain a concern. The current situation highlights the critical need for Europe to not only diversify its suppliers but also reduce its dependence on volatile LNG markets. This may require a shift toward more localized energy solutions, such as renewable sources and strategic gas storage capacities. Potential European Responses to Noncompliance Introducing Stricter LNG Contract Terms To mitigate the risk of future ...