Tag

diversification

Replacing Russian gas with Cypriot gas?
business

Replacing Russian gas with Cypriot gas?

The discovery of significant natural gas reserves near the coast of Cyprus, the third-largest island in the Mediterranean, in December is crucial for the European Union as it aims to cut its dependence on Russian gas after the invasion of Ukraine starting in February 2022. But what other implications does
Can Romanian natural gas make Europe less dependent on Russia?
business

Can Romanian natural gas make Europe less dependent on Russia?

The solution might lie at the bottom of the Black Sea. The Russo-Ukrainian war has made Europe realize that its dependence on Russian energy is not beneficial and makes the continent highly vulnerable. Energy independence and diversification of resources are strongly desired, and some measures have already been implemented to