Providing Europe with secure gas supplies
Gas is a highly reliable energy source due to its robust infrastructure and diverse supplies from inside and outside Europe. International gas trading is pivotal for balanced commercial relationships with Europe’s neighbouring countries.
Existing gas network ensures reliable gas supply.
A highly interconnected gas network which is fit for purpose.
Gas is highly reliable thanks to robust infrastructure and diverse supplies.
…and diverse supplies.
Gas brings security of supply with diverse sources and routes.
Balanced Trade Partnerships
International gas trading is pivotal for balanced, commercial relationships with Europe’s neighbouring countries.
EU balance of trade1
- The trade partnership with Russia, Norway and Algeria is quite balanced.
- Europe imports mainly commodities from these countries and exports mainly more sophisticated goods like machinery and services.
- The value of Russian gas exports to the EU (€36bn) is a 10 times higher share of the Russian GDP than of the EU GDP.