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Home News Oil & Energy

A Gas-to-Clean Transition in the Mediterranean Can Help Europe Cut Risky Fossil Fuels Dependencies

admin by admin
June 19, 2022
in Oil & Energy
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Russia’s invasion of Ukraine has highlighted the urgent need for EU member states to phase out risky energy dependencies. 

Such dependencies weaken the government’s negotiating power at diplomatic tables, and have serious economic consequences. Estimates by the think tank Bruegel revealed that European gas purchases bring into Kremlin’s coffers an average of about 400 million euros a day, including some 92 million euros from…



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