Why Mediterranean Countries are Safest Bet to Solve Energy Crisis in Europe

Europe has been desperately trying to find alternative sources of energy to replace Russian gas. American Liquified Natural Gas (LNG) imports used today, is only a temporary solution and not a long-term one, due to its high costs and transport limitations. However, Algeria, Israel, Egypt, and possibly other transit nations like Libya and Turkey in the future can all contribute significantly to the continent’s increased energy demands. In the Eastern Mediterranean significant amounts of natural gas have recently been discovered recently and could increase gas collaborations with Europe. Algeria increased its pipeline supplies to Europe by over 10% on available … Continue reading