Europe Eyes African Gas Projects to Reduce Russian Dependence

Due to the war in Ukraine, European countries plan to increase liquefied natural gas imports by 50 billion cubic meters and pipeline imports from countries other than Russia by 10 billion cubic meters, reports Bloomberg, citing a document prepared by the European Commission.

To this end, Europe is examining, among other things, the possibility of tapping into the largely untapped potential for liquefied natural gas in Africa, the same source points out, specifying that major pipeline projects, such as the one initiated by Nigeria and Morocco, are in its sights. Feasibility studies and funding research for this mega-project are underway.

"I can only tell you that the Commission is working on the development of an international energy strategy, and its adoption is provisionally scheduled for May 18," said a European Commission spokesperson.