Post
Topic
Board Economics
Re: Who will Replace Russian Gas Supplies to Europe?
by
DU18
on 07/03/2022, 14:02:25 UTC
There are suspicions that Russia might fight back by shutting gas supply to the West. Some sources confirmed that the US is already in talks with Qatar to become Russia’s substitute.  
 
But Qatar and other oil and gas producing nations confirmed that they will not be able to provide substantial amounts of gas to replace Russia’s supply.
 
African countries have been tipped as the best option because the continent has some of the world’s deepest gas reserves. But Africa might not replace Russia because of insecurity and lack of infrastructures.

Who will replace Russia?

https://www.aljazeera.com/economy/2022/3/1/analysis-can-african-gas-replace-russian-supplies-to-europe

Sanctions against Russia have actually made Europe suffer, in fact gas is a vital factor needed by Europe all this time and if Europe does not get alternative gas supplies from other countries, of course, soon we will see the European continent will be dark because gas is the main energy on the European continent, currently the increase in gas prices in Europe has almost reached 114% and this is the highest increase in recent years, Europe decision to exclude Russia from SWIFT is actually a boomerang for European countries today.