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Ranking of European companies with lowest gas import dependency

Oil&Gas Materials 20 April 2022 16:56 (UTC +04:00)
Ranking of European companies with lowest gas import dependency
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, April 20. Ever since the gas disruptions that hit some eastern EU countries in the winters of 2006 and 2009, the EU has worked on a common energy policy to strengthen its energy security and the internal energy market, Trend reports.

By investing in infrastructure, in particular cross-border connections, the EU has reduced the number of EU countries exclusively dependent on one single supplier.

In 2021, the EU imported more than 40 percent of its total gas consumption, 27 percent of oil imports and 46 percent of coal imports from Russia. Energy represented 62 percent of EU total imports from Russia, and cost €99 billion. Although it represents a significant drop in comparison with 2011, when energy represented almost 77% of EU imports from Russia (equivalent to €148 billion), the EU is taking further measures to cut its dependence on Russian energy imports.

The table below shows five European countries with lowest level of gas import dependency in 2021:

Country

Gas import dependency (%)

Romania

24

Denmark

26

Netherlands

33

Austria

51

Latvia

60

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