Can North Africa help Ease Europe’s Energy Woes

Introduction

The energy crisis across the European Union is only getting worse. Russia has turned off the taps and has blamed works that must be completed before the pipeline ever transports natural gas to Europe. This will almost certainly cost EU households hundreds of Euros more. In the era of already rising living costs, households face ever higher bills.

In 2021, the European Union imported 155 billion cubic meters of natural gas from Russia, accounting for around 45% of EU gas imports and close to 40% of its total gas…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Henri Kouam

I am an economist and contributor to Nkafu policy, a think tank. I cover global economic, fiscal and monetary policy with policy and asset price implications.