A Relic from the Past
Tim Boersma and Michael E. O’Hanlon of The Brookings Institution call “The notion that Europe is weak and dependent on Russian natural gas is a relic from the past.” They write:
For many years, analysts and policymakers have debated the question of Europe’s dependence on natural gas from Russia. Today, this problem is largely solved. Russia provides only one-third of Europe’s gas. Importantly, Europe’s internal infrastructure for transporting natural gas in all desired directions has improved greatly. So have its available storage options, as well as its possibilities to import alternatives either by pipeline or in the form of liquefied natural gas. As a result, almost all member states are currently well-positioned to withstand even a worst-case scenario.