Advanced Search
MyIDEAS: Login to save this article or follow this journal

The European Natural Gas Market: Imports to Rise Considerably


Author Info

  • Hella Engerer
  • Manfred Horn


Since the late 1990s, natural gas has been the second most important source of energy in the European Union after oil. Current forecasts predict that the demand for natural gas will continue to rise over the long term. As the production of natural gas in the EU has already passed its peak and will drop in coming years, natural gas imports will have to rise considerably. To ensure according supplies is possible in the long run, as approximately 80% of the world's natural gas reserves are located within the economic reach of the EU-primarily in the former Soviet Union and Middle East. A supply of imported natural gas adequate to cover declines in EU production is contractually guaranteed through 2020. Additional projects will permit an increase in natural gas consumption in the EU of 20 to 30%. By 2020, 80% of the EU's supply will come from imports. Russia will remain by far the largest supplier, followed by Norway and Algeria. Security concerns are raised by the importation of natural gas from a small handful of suppliers. While the regional diversification of imports is only possible to a limited extent, the construction of a pipeline to connect Europe with natural gas rich nations on the Caspian Sea and in the Middle East would be a step in the right direction. The expansion of capacities for production, transport and storage of liquified natural gas (LNG) could also help to augment diversification.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Article provided by DIW Berlin, German Institute for Economic Research in its journal Weekly Report.

Volume (Year): 5 (2009)
Issue (Month): 18 ()
Pages: 122-129

as in new window
Handle: RePEc:diw:diwwrp:wr5-18

Contact details of provider:
Postal: Mohrenstra├če 58, D-10117 Berlin
Phone: xx49-30-89789-0
Fax: xx49-30-89789-200
Web page:
More information through EDIRC

Related research

Keywords: Natural gas; LNG; Import dependence; Reserves; Pipelines;

Find related papers by JEL classification:


No references listed on IDEAS
You can help add them by filling out this form.



This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:diw:diwwrp:wr5-18. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bibliothek).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.