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Energy Security Stakes and Russia – Ukraine Tensions

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Can We Make a Big Difference This Year?

In the first nine months of two thousand 21 got forty three % of its gas from russia. It would still be impossible for europe to offset the loss of russian gas. There is less flexibility, because the flexibility has been eaten up already. The reality is that we talk about diversification but there does not have a lot of that right now. All these things are true in a crisis, you don't just care about redundancy and diversification. You care about spare capacity,. You care about redundancies," he says.

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