Alec Davies

Nov 9, 2023 | h2-view.com | Maggie A. Adams |Alec Davies

We are living in a moment in history where the Russia-Ukraine war has revealed the weaknesses of European supply chains. The over-reliance of Europe on Russian gas and market reaction saw prices peak 14 times higher than the relative stability of prior years. The subsequent global rerouting of gas supply chains has resulted in the UK importing 50% more LNG than two years ago at increased cost and emissions intensity.