EnergySource
Jun 23, 2020
How can Portugal’s Port of Sines play a bigger role in assuring energy security in the European Union?
By
Dr. Ricardo Silvestre
The European Union (EU) currently relies on a small number of external suppliers to meet its energy needs. To minimize reliance on foreign gas imports, the EU should increase liquefied natural gas (LNG) imports to Europe, expand gas storage capacity, and further develop energy distribution mechanisms across Member States. As a potential alternative energy hub, Sines, Portugal is in an excellent position to become an important continental European LNG entrance point as well as a key gas distribution and bunkering center. If the pieces fall into place, Sines, and Portugal writ large, may become key guarantors of European energy security.
