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S1-EP 054 . How Possible Can EU Reduce 50% of Natural Gas Import from Russia in a Year?
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In 2021, the imported natural gas from Russia accounted for 40% of EU's annual gas consumption. Responding the Russian’s invasion of Ukraine, EU have chosen the most difficult strategy to cope with the most challenging situation. One thing that EU have no choice is to cut off its natural gas dependence on Russia as much and quick as possible.
Today, we discuss a report, “A 10-Point Plan to Reduce the European Union’s Reliance on Russian Natural Gas” published by International Energy Agency (IEA) in March 2022. Based on the report, we also examine the impact of the Russia-Ukraine war on energy transition in the East Asian countries.
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