Published by
Reuters UK
Reuters UK
By Arathy Somasekhar and Ernest Scheyder HOUSTON (Reuters) – Energy industry leaders said the burgeoning energy crisis is perhaps more dire for Europe’s natural gas market than its crude oil imports, due to the continent’s dependency on Russia and as prices have been sky-high for months. Panelists at this year’s CERAWeek conference in Houston have stressed increased need for secure energy supply. European gas markets have been in turmoil since last year as Russia slowed pipeline flows and as Asian demand for liquefied natural gas (LNG) surged, driving up prices across the globe. “There’s just …