Europe’s industrial gas-to-oil switch stifled by capacity constraints
Bozorgmehr Sharafedin - Reuters
December 01, 2022
Who was cited:
Cuneyt Kazokoglu, Director of Energy Economics - FGE
European industries' ability to substitute natural gas with diesel and fuel oil to produce power is limited by high infrastructure costs and strict environmental regulations as the firms try to cut production costs amid high energy prices.