Oil Major Are Succeeding In Securing More Gas From The Middle East ...Middle East

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Oil Major Are Succeeding In Securing More Gas From The Middle East
source : OILPRICE ( Middle East ) () 40
TotalEnergies, along with Italy’s Eni and the UK’s BP and Shell, have been at the vanguard of securing new oil and gas supplies for Europe to substitute for lost energy supplies from Russia since its invasion of Ukraine in February 2022. The focus of these efforts has been on liquefied natural gas (LNG), as it can be bought and transported quickly and does not require the time- and capital-intensive build out of infrastructure needed to move gas supplies through pipelines. In this sense, LNG was, and remains, the emergency energy of…

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