The European Union for the first time in its history imported more liquefied natural gas (LNG) from the US than through the Russian gas pipeline in June data, International Energy Agency (IEA) President Fatih Birol said today. called on the countries of the European Union to work on reducing demand and prepare for a difficult winter.
“Russia’s recent sharp cuts in gas flows to the EU mean this is the 1st month on record that the EU imported more LNG from the US than via pipeline from Russia,” Fatih Birol wrote in a post on Twitter, noting that “declining Russian supply calls for efforts to reduce demand in the EU to prepare for a difficult winter”
The head of the International Energy Organization sees a return to nuclear energy as a possible solution to the problem, which he points out will depend on the decisions of the governments of European countries.
Fatih also points out that “nuclear power has a unique opportunity to make a comeback amid the global energy crisis, soaring fossil fuel prices, energy security challenges and heightened climate ambitions” “But whether this will happen, it will depend on governments and industry.”
Source: AMPE
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
