The new government in Cyprus favours instead a shorter link to bring gas from Israel and then deliver it to Europe in LNG form. But that plan also faces hurdles. [Gas in Transition, Volume 3, Issue 6]
Gas production at the Netherlands Groningen field will end by Oct. 1, the government said on Friday, as it kept its promise to rapidly cease the already minimal extraction to limit seismic risks in the region.
With no end in sight of the Russia-Ukraine war, global energy markets will continue to be unstable, making 2023 another difficult year for global energy. Last year’s energy challenges could be repeated next winter and probably the next. Europe is not out of the woods yet. As EU energy commissioner Kadri Simson said, Europe has come a long way, but it still has a tough job ahead of it. [Gas in Transition, Volume 3, Issue 4]