Search

Browse

• Communities
• Authors
• Year
• Titles
• Subjects

My Space

• Login

The role of Liquified Natural Gas in Europe's energy independence

Vamvoureli Aspasia

Full record

---

Summary

The transition to an increasing use of Liquified Natural Gas, known as LNG, constitutes a significant challenge nowadays, as it has the potential to replace some fossil fuels that are widely used. This paper firstly introduces the reader to LNG. Additionally, it presents an analysis of its current financial data and its effects on the sectors of the economy and the environment, based on today's information. All the above are also examined and analysed having the future in mind. The purpose of this work is, based on the above analysis, to portray the concerns and make estimations based on the advantages and the disadvantages that arise from the use of liquified natural gas over time. It aims to determine how and to what extent the potential transition of Europe will proceed seamlessly. Our research shows that an increasing use of LNG could have some benefits regarded other energy sources that are being used, but at the same time, there is speculation about some negative consequences that may arise from the independence of Europe and should be taken into consideration. It is a fact that many European countries are making an effort to increase the use of liquified natural gas (LNG) in various sectors (ie. residential, commercial, industrial). They are also working to identify safe and proper methods for its management. Finally, the investment opportunities that arise from the usage of LNG are presented as components of Europe's efforts to reduce its dependence on other fuels.

Available Files

Services