Europe, which imports around two-thirds of its natural gas, has alternatives to replace some of what it currently buys from Russia.
Moreover, experts judge it highly unlikely there would be a complete halt to Russian gas deliveries.
- The alternatives
“There are pipelines from Norway, Algeria and Azerbaijan, but these countries don’t have additional production capacity,” said Thierry Bros, a specialist on the European gas market at Sciences Po university in Paris.
That means Europe will need to turn to liquefied natural gas (LNG), which can be delivered by huge sea tankers from suppliers anywhere in the world.
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