Natural gas set up to capture the methane and generate electricity. Natural gas is often stored underground inside depleted gas reservoirs from previous gas wells, salt domes, or in tanks as liquefied natural gas. The gas is injected in a time of low demand and extracted when demand picks up. Storage nearby end users helps to meet volatile demands, but such storage may not always be practicable. With 15 countries accounting for 84% of the worldwide extraction, access to natural gas has become an important issue in international politics, and countries vie for control of pipelines. In the first decade of the
Natural gas prices deal between the U.S. and Europe opens up access to cheap American natural gas, which allow Europe to diversify its supply base, but may threaten the Renewable Energy transition. Currently, Europe's main natural gas supplier is Russia. Major pipelines pass through Ukraine and there have been several disputes on the supply and transition prices between Ukraine and Russia. In September 2013, it was reported that multiple factors have conspired to cause Europe as a whole to decrease its use of natural gas and make more use of coal. The report also contains updated price trends. In South America, the second