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Setting Up the Energy Future

Power Map

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The Evolution of the Energy System

World gas consumption peaks in 2020s, but LNG consumption peaks in 2030s. Can you help us understand that apparent contradiction? Yes. So the very important question that we have to ask is do we see an endgame from the Russia Ukraine war, which would lead to the energy relationship between Russia and Europe being restored? As it is, this would be desirable. The world would be a better place, but we are not optimistic about that. It's very difficult to see how the endgame could lead to Russia going through the type of process which Germany did after the Second World War.

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