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The Future of Gas Supply in Europe

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Abstract

In 2006, Europe imported 43.5% of its gas consumption. This share is expected to rise sharply, creating new challenges and raising serious political concerns about security of supply. The short to medium term is more likely to see a period of easy supply rather than shortage, but problems may appear post-2015/2020. The source of the next 50-100 bcm/year of supply is not obvious, because of geopolitical problems between Europe and its principal suppliers, and if the situation does not improve in the coming years, there are significant uncertainties from where Europe will receive substantial additional gas supplies.

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Stern, J., Honoré, A. (2008). The Future of Gas Supply in Europe. In: Bausch, A., Schwenker, B. (eds) Handbook Utility Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-79349-6_24

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