Europe Is Rushing To Overhaul Its Energy Security Strategy

Europe Is Rushing To Overhaul Its Energy Security Strategy

OilPrice.com

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It took a war in Europe for the first time since WWII for the European Union to realize that Russia is not the reliable energy supplier Moscow has always claimed to be, and many officials in Europe have believed. Russia's invasion of Ukraine and the concern over natural gas and oil supply to Europe prompted the EU and the biggest economies in Europe dependent on Russian gas to urgently overhaul its energy security strategies. By most estimates and forecasts from the European Commission and analysts, Europe can survive next winter without Russian…

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