A snapshot of global energy dependencies shows Iceland's green status, Europe's reliance on Algerian gas, and Cyprus's high fossil fuel dependence.
1 report, 1 independent
Updated Jan 1
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What happened
A snapshot of global energy dependencies shows Iceland's green status, Europe's reliance on Algerian gas, and Cyprus's high fossil fuel dependence.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Iceland
Nordic island country in the North Atlantic Ocean
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Europe
terrestrial continent located in north-western Eurasia
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Algeria
country in North Africa
Related events
- Europe is increasing imports and showing strategic interest in untapped gas reserves in Norway and the Kurdistan Regional Government due to geopolitical tensions.
- Tankers are loading gasoline in Cyprus for blending, enabling the fuel supply and re-export to Russia.
- Norway's energy policy, including continued drilling, is influencing European markets and IEA discussions amid calls for an EU ban.
- Cypriot gas is planned to utilize Egyptian infrastructure for export, providing pivotal liquefaction facilities for the European gas market.
- Cyprus and Europe are deepening cooperation in trade and energy matters, including the development of the Kronos gasfield in Cypriot EEZ.