Relying on a variety of sources and multiple answers, not on a single renewable source (…). The key is diversification, also in terms of fossil fuels and providers.
Cinzia Bianco outlines the essential elements for achieving the European energy transition within the changed geopolitical and energy context
Draghi’s words to Biden on Libya sound like a pre-emptive call for more political support for Italy in Mediterranean and energy issues
Arturo Varvelli comments on Mario Draghi’s words on Libya emerged during his meeting with US President Joe Biden in Washington DC
Prices may go up, but there is every indication that Algeria will honour its commitments — and there is a price review built into the contracts,
Anthony Dworkin says Algeria wants to make the most of opportunities to increase gas shipments to Europe and raise money to invest domestically
The energy export is the asset that keeps the current war going
If Putin is not stopped in Ukraine, you will be next in the EU and NATO – have no illusions about that
Riyadh wants concessions, even in exchange for help with Russia, and Washington seems now unwilling to grant them. Saudi reaction is a sort of demonstration of what they are able to do (with China).
Cinzia Bianco analyses the relationship between US President Joe Biden and the Saudi Kingdom, and the reason why Riyadh is getting closer to Beijing
Russia’s central bank may not be able to intervene to provide players in Russia’s economy with foreign currencies, making doing business with Russian firms even more risky
The EU’s restrictions on Russia’s participation in SWIFT are a serious measure, believes Michaël Tanchum
There is a high risk that Russia cuts off gas supplies to Europe. The EU needs a stronger and more reliable economic deterrent with an anti-coercion instrument.
The real issue is EU gas dependency. This crisis forces European countries to implement internal solidarity mechanisms and establish a joint energy strategy.
Arturo Varvelli analyses the repercussions of the Ukraine crisis on European countries in the domain of energy, and suggests reconsidering the option of a gas pipeline from the Eastern Mediterranean as a viable solution
Russia has leverage in the short term, but I would say Europe has the long-term leverage. You can’t underestimate the long-term importance that the European market has for Russia.
