Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ – and could hammer its economy

Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ – and could hammer its economy

A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters The European Union’s best shot at replacing Russian gas imports this year is likely to miss the mark, analysts predict, exerting further pressure on the region’s economy. The EU plans to replace two-thirds of Russian gas imports by the end … Read more

Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ – and could hammer its economy

Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ – and could hammer its economy

A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters The European Union’s best shot at replacing Russian gas imports this year is likely to miss the mark, analysts predict, exerting further pressure on the region’s economy. The EU plans to replace two-thirds of Russian gas imports by the end … Read more