Development of the system of gas pipeline supplies to Europe and role of Russian projects
Nowadays there are the gas pipelines with total capacity of 113.5 bcm in Europe that are at the active stage of construction or design. The projects geography is vast: from the polar latitudes of Norway to the Caspian Sea. Besides, against the background of excess capacities of regasification LNG terminals in Europe new gas pipelines are implemented, which are used today less than 50% notwithstanding the growth of LNG supplies by the global markets. Gas pipelines shall retain role of energy security base they are playing even while Europe experiences its energy transfer – however, their role can expand.