Energy Security Concerns Force the EU to Reconsider Domestic Gas Drilling
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The energy ministers of European Union members are set to discuss local gas drilling in response to the energy supply squeeze in the Middle East, Reuters has reported, citing an internal document it had seen. Domestic gas drilling has not been particularly popular among European governments over the past 20 years or so, as the bloc preferred to source its natural gas from external suppliers, notably Norway and Russia. With a ban on Russian gas set to take effect from next year amid a severe deterioration in relations with Brussels, Norway and the…
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Original article published by OilPrice.com on May 6, 2026. Analysis and insights provided by AnalystMarkets AI.
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