Natural gas and energy independence in Europe
Source: Eurostat (2019)
Energy independence is defined as the ratio between primary natural gas production and the country’s gross domestic consumption. This ratio defines a country’s ability to cover its own natural gas needs.
A country whose ratio exceeds 100% is an exporting country : its national production exceeds the gross needs of consumers in the country.
The European Union average rate for natural gas supplies independence is around 19,5%.
Only one country is able to export the surplus of its production, it is Denmark. However it has volumes produced in Denmark are limited (5th European producer). This indicator underlines the importance of a diversified supply strategy in Europe to mitigate geopolitical risks threatening supplies.
As an example, in France where natural gas production for commercial purposes stopped in 2013, LNG terminals are expected to strengthen energy security through the diversification of importations.
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