Europe resumes Russian gas imports via Qatar

The study indicates that Europe仍然 heavily relies on Russian gas through the Yamal pipeline, which accounted for 86.5% of natural liquefied gas shipments exported via this pipeline from January to August 2026, despite Europe's aspirations to completely reduce dependence on Russian gas by the end of 2027. Europe faces significant challenges in finding immediate alternatives, especially as gas imports from the Middle East, particularly Qatar, decline due to the closure of the Strait of Hormuz, increasing pressure on the global gas market as winter approaches. Currently, gas inventories are 12.2 billion cubic meters lower than last year, with estimates suggesting they will reach 74.6% by October, thereby threatening its supply security. Data indicates that the gap between political ambitions to diversify energy sources and the actual capacity to supply alternative sources remains, with a potential continued global supply shortage due to Qatar's reduced shipments. This situation positions Europe and Asia in competition for gas resources as winter approaches.

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