Daily Energy Report

Norway gas to EU, India’s fuel appetite, Shell considers NYSE, Oil market tightening, Asia takes EU’s excess LNG, Egypt’s energy problem, Russia seeks Kazak gasoline, and more.

Chart of the Day: EU Gas Dependence on Norway

Summary

Figure (1) above shows the countries within the EU that depend on gas imports from Norway.  While the largest customer is Germany, dependence of France increased despite the growing share of nuclear power generation. 

EOA’s Main Takeaway

The increased dependence on