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European Gas Supply Scenarios

NATURAL GAS

Europe will face a supply gap in 2023-2025 if Russia suspends gas shipments next year – but by the second half of the decade, LNG imports could meet demand, according to a study from the energy research firm Rystad Energy.

  • The following chart illustrates the supply gap, which factors out Russian shipments and expensive natural gas. One of the demand curves takes into account the EU’s Fit for 55 target. Another demand curve considers RePower EU.

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