EU’s international gas trade and its policies on the development of the gas sector after Russian Invasion of Ukraine

Atjanov, Ahmet
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Kötet címe (évfolyam száma)
This thesis examines the consequences of the Russian invasion of Ukraine in 2022 on the EU's gas diversification. It uses the existing secondary sources to read the statistics and policies to derive results about the impact of the war on the gas sector. The thesis uses both qualitative and quantitative data. The quantitative data comes from the Eurostat database and the International Energy Agency, while qualitative data is obtained from official publications of EU bodies, academic research articles, and online journals. Given the current industrial capacity of the primary gas exporting states, their contractual responsibilities, and their growth objectives, the REPowerEU's short-term goal of reducing historically massive gas imports from Russia by two-thirds in 2022 seems impossible. North Sea gas output has been falling since the early 2000s. Domestic demand or infrastructural limitations limit exports from Mediterranean nations to high-demand regions of the EU. Long-term supply contracts prevent the leading LNG exporting countries outside of Europe, especially Qatar but also the United States and Australia, from delivering all the required volumes in the near term
International Trade, Gas development, Russian Invasion, Europe Gas