Europe and Russia shift energy balance and economic power after gas decoupling

Europe and Russia energy trade and balance of power

Europe’s post-2022 gas decoupling has reshaped the balance of power with Russia. Following the sharp decline in pipeline gas flows, Gazprom’s export revenues are expected to shrink by more than €160 billion by 2030, while Europe’s fossil-fuel import bill could fall by roughly half compared with pre-crisis levels. Rapid diversification toward LNG, lower demand, and faster renewables deployment have strengthened […]

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