Europe’s Replacing the Imports of Piped Natural Gas Coming from Russia

As per the Global Import Export Data, the European Commission has announced a plan to reduce gas imports from Russia by two-thirds. Amid the Ukraine-Russia war, the EU commission has revealed plans to minimize European Union member states’ dependency on Russia energy sources. This has proposed a cut of gas imports from Russia by two-thirds.

As per the Russia Export Data, the country exports the natural gas to Europe through the three major pipeline corridors, which account for 16bcf/d of import pipeline capacity when combined with smaller interconnections.

The move would erase a huge share of its dependency on Russia by tapping new gas supplies, ramping up reserves for the next winter and accelerating efforts to be more energy efficient. As per the Russia Import Data, around 90% of the gas used in the Europe is imported making the country heavily reliant on the Russian fossil fuels.

The European Union can cut natural gas imports from Russia significantly in a year via a combination of measures that would be consistent with the European Green Deal and support energy security and affordability.

The reliance of EU on the imported natural gas from Russia has again been thrown into sharp relief by the Russia’s invasion of Ukraine.

The IEA’s ten-point plan to reduce the European Union’s reliance on the Russian natural gas includes a range of complementary actions – like turning more to other suppliers, drawing on other energy sources and accelerating efforts to provide consumers, businesses and industry with the means to use clean and efficient alternatives to the natural gas.

The 10 point program of IEA includes-

1. No new gas supply contracts with Russia

2. Replace Russian supplies with gas from the alternative sources

3. Introduce minimum gas storage obligations to enhance market resilience

4. Accelerate the deployment of new wind and solar projects

5. Maximize generation from existing dispatchable low emission sources- nuclear and bio-energy

6. Enact short-term measures to shelter vulnerable electricity consumers from high prices

7. Speed up the replacement of gas boilers with heat pumps

8. Accelerate energy efficiency improvements in building and industry

9. Encourage a temporary thermostat adjustments with the consumers

10. Step up the efforts to diversify and decarbonise sources of power system flexibility

The above proposed measures are in sync with the EU’s European Green deal, paving the way for further emissions reductions in the years to come.

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