Environment
fromBusiness Matters
2 days agoUK warned it will rely on US gas as calls grow to boost North Sea output
Britain may rely on US gas imports for 60% of its supply by 2035, prompting calls for increased North Sea production.
In part due to the war in Ukraine and the imposition of sanctions on Russian pipeline gas, European countries have become dependent on shipments of US liquified natural gas (LNG), according to a paper co-authored by the Clingendael Institute, in The Hague, the Ecologic Institute, in Berlin, and the Norwegian Institute of International Affairs. The development is fraught with risk at a time when Trump has shifted towards a more explicitly interest-driven, protectionist and ideologically charged approach, the paper says.