For Carnegie Europe’s blog Judy Asks, a panel of experts answers the question of whether Europe is (still) too dependent on Russian energy, and if so what consequences this carries. According to Sijbren de Jong the situation differs greatly by country. Some countries are 100 percent reliant on Russian gas, whereas in others this dependence is negligible. There is more than enough gas in world markets, so the trick is to have a diversified portfolio of suppliers. The EU energy union sets out to do exactly that. In this respect, the planned Nord Stream 2 pipeline, which would transport Russian gas to Germany under the Black Sea, is problematic and runs counter to this idea.
The full text can be read here.
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