While the political ramifications of dependence on Russian natural gas are a current topic of debate within the European Union, often the talk fails to address a much larger issue of whether or not the importing of Russia`s natural gas will help to meet the EU`s growing demands.
The findings show that there is little potential for an increase in the level of Norwegian gas exports to the EU. All of the scenarios studied indicate that Norwegian gas production will be in decline by 2030, by which year Norwegian gas deliveries to the EU via pipeline may have fallen by as much as 20 per cent from today?s level.
sections: Economics, World News |