The Trans-Saharan Gas Pipeline (TSGP) — a 4,128 km project linking Nigerian gas fields (Warri region) through Niger to Algeria’s Hassi R’Mel hub, with onward connection to European markets via existing Algerian infrastructure — represents a geostrategic diversification play for Europe amid categorical reduction of Russian fossil fuel dependence (oil imports down to <3-5% of…
The convergence of physical, behavioral, and microstructural signals confirms that Europe, and particularly France, has entered a regime of asynchronous systemic energy shortage. The three pillars of the breakdown:
(a) Physical Pillar. The Strait of Hormuz has been practically blocked since February 28, 2026: more than 20% of global oil traffic and 25% of…
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