What is the status of the Euro-Mediterranean gas strategy and the U.S. plans to contain Russia?

«The ecological transition could be a bloodbath», Roberto Cingolani, Minister of the Ecological Transition, La Stampa, July 1st 2021

In 2020, the Covid-19 outbreak had a dramatic impact on global energy markets. In particular, oil and coal consumption fell by 9.3% (y-o-y) and by 4.2% (y-o-y) respectively. According to the BP Statistical Review of World Energy 2021, published on July 8, in 2020, global natural gas consumptions dropped by 2.3% (y-o-y) equal to 81 Gm3. However, the share of natural gas in the global energy mix reached a record high of 24.7%.

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