Sourcing Natural Gas for the EU Market: Before and After 2022
Lifang Wu
Xavier University, USA
Wei Yang
Long Island University, USA
Alan Jin
Xavier University, USA
Volume 17: 2023, pp. 21-60; ABSTRACT
Natural gas is a prevalent fossil fuel used in various economic sectors. Prior to 2022, many European Union (EU)
nations depended largely on Russia as their primary source for this essential resource. However, the landscape
shifted dramatically in February 2022 following Russia's invasion of Ukraine. This geopolitical turmoil led to
a significant reduction in gas supplies from Russia, catapulting global natural gas prices to unprecedented levels
and plunging the year into a deep energy crisis. This case presents the challenges EU countries faced regarding
natural gas sourcing, underlining the complexities and risks associated with the global natural gas supply chain.
The case was developed to provide a basis for discussing alternative global sourcing strategies in
consideration of cost, supply resilience, and practical logistics constraints.
Keywords: supply chain logistics, global sourcing, total cost of ownership, risk management, supply resilience.
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