Florida's Hellenic Newspaper and Hellenic Radio, based in Miami
The Greek News and Greek Radio in FL

To those who think that Greece does not matter today, let me say that they could not make a bigger mistake. Today, like old Greece, is of the utmost importance for anyone looking to find himself.

Henry Miller, 1891-1980, American author

Florida's Hellenic Newspaper and Hellenic Radio, based in Miami
The Greek News and Greek Radio in FL

Subscribe to our newspaper

The "games" in energy while the war in Ukraine holds up well

26 Feb, 2024

Energy actions highlight a level playing field during the Ukraine war: The European Union (EU) is reducing its dependence on Russian hydrocarbons, while Moscow is emerging as its second-largest supplier of liquefied natural gas (LNG ). These EU efforts have had mixed results, especially with regard to natural gas.
Before the start of the war in Ukraine, 40% of the EU's natural gas consumption was imported from Russia. However, given the high dependency and inability of the EU to impose direct embargoes, its response was limited to reducing imports. This is due to the absence of a coherent EU-wide decision measure for embargoes or other enforcement moves.
Moscow, for its part, is taking advantage of this gap and developing its role as a supplier of liquefied natural gas (LNG) to the EU. This motivation is due to efforts to reorient the Russian economy towards the foreign market, especially after the sanctions imposed due to the crisis in Ukraine.
Despite the EU's efforts to reduce its dependence on Russian hydrocarbons, Moscow's development as a second LNG supplier represents a new challenge to the EU's energy security and independence strategy. Moreover, this development may affect the geopolitical balance in the region and increase the impact of the Ukraine crisis on Europe's energy security.

As the EU seeks to diversify its energy sources and reduce its dependence on Russian suppliers, the recent increase in LNG imports from Russia is an indication of the challenging dynamics in the energy sector. EU actions on energy security entail the need to further develop and diversify energy sources, as well as to ensure transparency and stability in the energy market.
At the same time, the challenge facing the EU in the energy sector is also affected by geopolitical developments and the actions of other international actors, such as Russia. The prospect of Russia as a major LNG supplier to the EU may strengthen its geopolitical influence in the region and create new challenges for the EU's energy security.
Overall, EU energy policy faces complexities and challenges in the context of the current geopolitical environment, necessitating the adoption of coordinated and strategic approaches to ensure energy security and achieve its energy goals in a period of uncertainty and change.




photo 12019 / https://pixabay.com 

The articles we publish do not necessarily reflect our views and are not binding on their authors. Their publication has to do not with whether we agree with the positions they adopt, but with whether we consider them interesting for our readers.

Follow us on Facebook @grnewsradiofl

Follow us on Twitter @grnewsradiofl


Copyright 2021 Businessrise Group. All rights reserved. No part of this site may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, without the prior written permission of: The active link should be do follow When the texts are signed by authors, then the name of the author and the active link to his profile should be included. The text should not be altered under any circumstances or if this is deemed necessary. , then it should be clear to the reader what the original text is and what the additions or changes are. if these conditions are not met, then our legal department will file a DMCA complaint, without notice, and take all necessary legal action.

Other Articles

Latest Articles

News Commentary

Interesting Issues

Newspapers headlines

Cooking Tips

International sounds DJ Entertainment

Pin It on Pinterest

Share This