A gas divorce: how Europe and Gazprom will do without each other

Forbes published a column by Marcel Salikhov, President of the Institute for Energy and Finance - "A gas divorce: how Europe and Gazprom will do without each other."

Europe has long sought to reduce dependence on Russian gas, and the latest restrictions from Russia will only hasten this process. Now the EU countries will have to temporarily forget about the energy transition and compete with Asian consumers for expensive LNG, and Russia will have to think about a complete restructuring of the entire gas industry in order to reorient export routes to the East, Marcel Salikhov, president of the Institute for Energy and Finance, said.