(no title)
Elhana
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3 years ago
Problem is that you can't just go to Qatar and ask for some LNG delivery tommorow - they are supplying on long term contracts and they need to invest $$$ to increase production. Qatar already told EU (Germany?) that they can only supply extra if they sign a 20 year contract, not 1-2 years.
DoingIsLearning|3 years ago
EU countries will have to budget accordingly to match the new cost of a failed Energy Policy based on hydrocarbon dependency. Hopefully this will accelerate the extinction of the Oil&Gas lobby, both for the environment of our future generations as well as our geo-political resilience.