Gas
EU’s Arctic Strategy Excludes Oil and Gas
CEII brief
OilPrice.com reported on 22 Oct 2026: EU’s Arctic Strategy Excludes Oil and Gas.
Read the full story on OilPrice.comThe European Union will shun crude oil and natural gas produced from fields in the Arctic, recommending that these “stay in the ground” under its new Arctic strategy released this week.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
