US EditionExpert: Cyprus’ Aphrodite Gas Project Will Strengthen EU Energy Security
Summary by Sada El Balad
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New Cypriot gas find can help EU energy security
Europe is structurally short of gas, with all the problems that entails for security of supply and the competitiveness of the European economy. The reality of this unfortunate situation has been brought home as a result of recent geopolitical developments, forcing a re-think of energy strategy. The long term aim remains to dramatically reduce consumption of fossil fuels in order to lower carbon emissions to net zero by 2050. But it is increasi…
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