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Articles

Arctic gas: Too little, too late

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By Tim Whyte, Karonline Andaur
| Rapporteur Verified
Written by Karonline Andaur and Tim Whyte. Despite intense lobbying from Norway and the oil industry to scrap the ban, the EU chose to hold the line. At a time of deep geopolitical uncertainty, energy security is rightly at the top of the EU’s agenda. But while Norwegian politicians claimed that Europe needed Arctic gas, the numbers told a different story: new Arctic oil and gas offered too little, too late, to solve Europe’s energy crisis. Here is why.
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