“European Natural Gas Geopolitics on a Collision Course?”, John Szabó (eds.) (IWE, Hungary)

Following the Dutch discovery of the Groningen field, and British, Norwegian and Danish discoveries in the North Sea during the 1960s and 1970s, natural gas appeared to offer Europe an opportunity to decrease its dependence on Middle Eastern oil. However, demand for gas quickly outpaced supply, leading West European buyers increasingly to rely on Soviet imports in subsequent decades.

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