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Tax benefits. Decreased consumption of power and a desperate search for gas substitutes. Just as the chilly, dark days of winter begin, Europe is dealing with one of its worst energy crises in recent memory. The invasion of Ukraine by Russia in February of this year made supply problems worse and drove up the price of imported natural gas. Governments in Europe have experimented with a wide range of policies to protect citizens from the harshest effects of rising prices while maintaining their economy. However, the growing number of street protests and worker strikes in numerous cities demonstrates how intense and real the suffering is for millions of people. The best at controlling inflation are France and Spain, while Germany, Italy, and Greece are setting the bar for long-term plans to guarantee their energy needs. And the UK is having difficulties. A variable risk Nearly half of Europe's total natural gas imports in 2021 came from Russia, but some nations were always going to b

According to Maria Rita Gali, CEO of the nation's gas network operator DESFA, Greece is emerging as Europe's gas corridor and could virtually treble its gas export capacity to neighboring nations in the years to come.  At the height of the Ukrainian conflict, Greece reduced its reliance on Russian gas by more than half this year, increasing its supply of liquefied natural gas (LNG), primarily from the United States and Egypt, to its sole LNG terminal in the Athens neighborhood of Revitusa.  The terminal, which the government referred to as "indispensable," also assisted in exporting gas to nearby nations, such as Bulgaria, which earlier this year lost access to Russian supplies because it would not accept payments in rubles. Greece is counting on the construction of at least two more floating storage and regasification units (FSRUs), which might be operational by 2024, to further lessen its reliance on Russian gas. Recently, it likewise dispatched another

The organization responsible for tasks at the Freeport LNG send out office in Texas said the absence of tension securities on its hardware was to be faulted for a June 8 blast that is kept the office disconnected. Freeport is the second-biggest office of the sort in the US. The blast at the office in June came similarly as the worldwide energy area was attempting to conform to the underestimation of Russian petroleum gas that came because of the conflict in Ukraine. The organization on Tuesday gave data from the examination of the occurrence by insightful organization IFO Gathering, which found the immediate reason for the blast was the absence of legitimate tension insurances on a pipeline portion. This prompted the warming and resulting development of the super-cooled melted flammable gas in the framework, the possible bubbling of the fluid and eventually the pipeline crack. Optional causes were related to a limited extent with testing systems, while "administrator weariness as