... scarcity in liquefied natural gas availability create additional challenges for the EU in securing winter reserves. EU Response Measures to Stabilize the Situation 1. Increasing Imports of Liquefied Natural Gas (LNG) To mitigate dependence on Russian gas, EU countries are ramping up imports of LNG from the USA, Qatar, and other major producers. In recent years, countries such as Germany have constructed terminals for receiving LNG, facilitating supply diversification. However, even with increased LNG imports,...

... securing winter stocks in Europe. The elevated prices and limitations in LNG availability pose additional challenges to the EU’s winter preparations. EU's Response to Stabilize the Situation 1. Expanding LNG Imports To reduce dependency on Russian gas, EU countries are ramping up LNG imports from the U.S., Qatar, and other major producers. Over recent years, countries such as Germany have constructed LNG terminals, facilitating a more diversified supply chain. However, even with increased LNG imports,...

... quarter of oil and gas budget revenues due to the EU oil embargo and the cessation of Russian gas pipeline operations into Europe. However, after 2026, the budget revenue decline may be limited to only 1–3%, the expert highlighted. Currently, pipeline gas is flowing to EU countries only through one of the branches of the "Turkish Stream." Most of these volumes—around 10–11 billion cubic meters annually—are directed to Slovakia and Hungary. As long these countries actively defend their right to continue ...

... headed to Asia). The main importers – the largest economies in the EU and Turkey – continue to receive significant volumes of liquefied gas from the U.S., Qatar, and other countries. Norway , maintaining its status as a leading supplier of pipeline gas to the EU, is keeping exports at high levels (over 300 million m 3 /day in June), although periodic repairs at fields (such as at the “Nihamna” terminal) temporarily reduce throughput. Meanwhile, extreme heat in Asia is prompting several countries to increase ...

... between the Russian gas giant and the European Union is coming to an end, and now the company is faced with the necessity to adapt to new geopolitical and economic realities. Export Declines: Numbers that Speak for Themselves From 2021 to 2025, pipeline gas exports to the EU are expected to drop nine-fold. This historic low is attributed to several key factors: Termination of transit through Ukraine: Political and geopolitical tensions have led to halting the traditional supply route. Decreased gas consumption in the EU: ...