The New Security Environment for European Gas: Worsening Geopolitics and Increasing Global Competition for LNG
Article from: OGEL 4 (2007), in Energy Security
The central proposition of this paper is that, in both the short and the longer term, a 'new security environment' for European gas supplies is evolving. So degraded has the term 'security' become, in relation both to gas and to energy in general, that it is essential to define the geographical focus, the precise problems and the time frames which are being considered. While the paper focuses on Europe, it also takes into account progress towards a globalising LNG market in the Atlantic and Pacific Basins, including the potential requirements of China and India. The principal issues ...