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The forecast*
increase of Europe's** gas demand, combined with its declining
gas production, evidences a rising dependency on imported gas:
the proportion of demand that is satisfied by imports will rise
from the present figure of 45% to approximately 65% by 2020!
Europe therefore needs
to import additional natural
gas volumes to meet its energy demand, and also needs to
diversify its supply sources in order to promote competition
among different producers.
The development of new gas import infrastructure
to Europe is therefore necessary.
The Caspian and Middle East countries will play a key role in
producing additional volumes of gas for Europe; although this
area holds approximately 20% of the world's gas reserves*, it
currently produces only 8% the world's gas production* due also
to lack of infrastructure linking these countries to Europe.
Thanks to the Poseidon project it will be possible to import,
starting from 2015, over 8 billion cubic
metres per year of natural gas to Italy, an amount that
represents approximately 10% of the country's
consumption.
* Sources: IEA World Energy Outlook, BP
Statistical Review, ENI, IHS, CERA, Edison.
** Reference here is to the so-called EU 30, which includes,
in addition to the member states of the European Union, also
Norway, Switzerland and Turkey.
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