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Russian oil and gas: alternative suppliers cannot be mobilized in the blink of an eye

2022-03-08T19:57:17.281Z


DECRYPTION - Moscow provides more than a quarter of oil imports and 45% of gas imports in 2021. Weaning cannot therefore be done overnight.


On paper, Europeans are unanimous.

One of the objectives of the energy policy of the Twenty-Seven is now clearly to reduce their dependence on Russian hydrocarbons.

Moscow provides more than a quarter of oil imports and 45% of gas imports in 2021. Of course, weaning cannot happen overnight.

Gas or oil, the rules and players of these two distinct markets are not the same.

Read also

War in Ukraine: the EU would manage to do without a third of Russian gas, at the cost of enormous efforts

With regard to gas, a few days before the Russian offensive on Ukraine, experts such as Thomas Pellerin-Carlin of the Delors Institute estimated that Europe would not be able to do without Russian gas for at least twenty years.

Last week, the International Energy Agency (IEA), created after the first oil shock to defend the interests of hydrocarbon-consuming countries, presented a proactive scenario.

The latter predicts that the EU could replace a fifth of Russian gas imports in one year (i.e. 30 billion cubic meters...

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Source: lefigaro

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