LNG: Europe’s Ray Of Hope? – Analysis
Europe has been reeling under an energy crisis for the last few months. Amidst the war in Ukraine, which has seen both the European Union and Russia seek to wean themselves away from their mutual energy dependencies, the most pressing issue for Europe today appears to stave-off an energy blackout. While measures such as regulating energy consumption can only a short-term measure to overcome the shortages, the key challenge will be in finding viable long-term substitutes.