Energy Security Stakes and Russia – Ukraine Tensions
Power Map
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Energy Security in Europe - Where Do We Start?
The implications on gas are very differet than implications on oil. Europe's also faced, over the last few months, very high energy prices because of challenges in its gas market. In two thousand 21, forty % of european unions gas supplies came from russia. So you have to start from a really tight and difficult gas market. Yourare probably better prepared than ever to deal with a disruption coming from russia but still incredibly high levels of dependence on russia. That gives you very little room to manoeuvre, right? If you start talking about, can you live without this gas? Answers no.
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