Completing plans to expand the European Union’s natural gas import capacity runs the risk of creating €87 billion worth of stranded assets while jeopardising the EU’s climate goals, says a report published on Wednesday 7 April by the NGO Global Energy Monitor.
According to the document, if all of them are finalised, the gas infrastructures (pipelines and liquefied natural gas import terminals) currently in the pre-construction or construction phase will increase the EU’s gas import...