Natural Gas Void will be Hard to Fill

May 10, 2022--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--More natural gas is coming to the market, though Europe's decision to phase out Russian supplies could leave a sizable gap to fill.

Most major Western economies have opted to pivot away from Russian fuels as punishment for the February invasion of Ukraine. Before the outbreak of war, Russia met about half of the European demand for natural gas. That product moved through the dense network of pipelines running through Europe, including the Soviet-era arteries in Ukraine.