Gas Supplies to EU: Europe at a Crossroads

By Elena Zhuk, November 19, 2013

had to be injected into reservoirs in order to boost oil production rates. In the past five years, oil and condensate production have also been falling, and gas injection may have helped reduce the rate of decline.
"Ultimately, Europe faces a choice – to increase gas imports from Russia, to start competing with Asian importers for LNG deliveries or to continue reducing gas consumption," Grivach concluded.