![\"焦点：「ロシアかトランプか」、欧州エネルギー安全保障に新たなジレンマ\"\/](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/3GIBOGAFWVMMHIA4SHWWFLIBZM.jpg\")
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\u3000\u6b27\u5dde\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u5b89\u5168\u4fdd\u969c\u304c\u3001\u6539\u3081\u3066\u8106\u5f31\u306a\u72b6\u6cc1\u306b\u7f6e\u304b\u308c\u3066\u3044\u308b\u3002\u5199\u771f\u306f\u3001\u5316\u5b66\u30d1\u30fc\u30af\u306e\u904b\u55b6\u8005\u3067\u3042\u308b\u30a4\u30f3\u30d5\u30e9\u30eb\u30a4\u30ca\u306e\u30de\u30cd\u30fc\u30b8\u30f3\u30b0\u30c7\u30a3\u30ec\u30af\u30bf\u30fc\u3001\u30af\u30ea\u30b9\u30c8\u30d5\u30fb\u30ae\u30e5\u30f3\u30bf\u30fc\u6c0f\u3002\uff14\u6708\uff12\u65e5\u3001\u30c9\u30a4\u30c4\u306e\u30eb\u30a4\u30ca\u3067\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Lisi Niesner\uff09<\/p>\n
[\u30d1\u30ea\/\u30d9\u30eb\u30ea\u30f3 \uff11\uff14\u65e5 \u30ed\u30a4\u30bf\u30fc] – \u3000\u3000\u6b27\u5dde\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u5b89\u5168\u4fdd\u969c\u304c\u3001\u6539\u3081\u3066\u8106\u5f31\u306a\u72b6\u6cc1\u306b\u7f6e\u304b\u308c\u3066\u3044\u308b\u3002\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u3092\u53d7\u3051\u305f\u30a8\u30cd\u30eb\u30ae\u30fc\u5371\u6a5f\u4ee5\u964d\u3001\u6b27\u5dde\u306f\u7c73\u56fd\u7523\u6db2\u5316\u5929\u7136\u30ac\u30b9\uff08\uff2c\uff2e\uff27\uff09\u3067\u30ed\u30b7\u30a2\u304b\u3089\u306e\u4f9b\u7d66\u4e0d\u8db3\u3092\u88dc\u3063\u3066\u304d\u305f\u3002\u3060\u304c\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u304c\u6b27\u5dde\u3092\u63fa\u3055\u3076\u308a\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u3092\u8cbf\u6613\u4ea4\u6e09\u306e\u9053\u5177\u3068\u3057\u3066\u5229\u7528\u3059\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u305f\u3081\u3001\u7c73\u56fd\u4f9d\u5b58\u304c\u65b0\u305f\u306a\u30ea\u30b9\u30af\u8981\u56e0\u3068\u3057\u3066\u6d6e\u4e0a\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u3053\u3046\u3057\u305f\u72b6\u6cc1\u306e\u4e2d\u3001\u6b27\u5dde\u306e\u4e3b\u8981\u4f01\u696d\u306e\u5e79\u90e8\u306f\u3001\u30ed\u30b7\u30a2\u56fd\u55b6\u306e\u5929\u7136\u30ac\u30b9\u4f01\u696d\u30ac\u30b9\u30d7\u30ed\u30e0(GAZP.MM), opens new tab\u304b\u3089\u306e\u30ac\u30b9\u8f38\u5165\u3092\u9078\u629e\u80a2\u3068\u3057\u3066\u8003\u3048\u59cb\u3081\u3066\u3044\u308b\u3002<\/p>\n
\u6b27\u5dde\u9023\u5408\uff08\uff25\uff35\uff09\u304c\uff12\uff10\uff12\uff17\u5e74\u307e\u3067\u306b\u30ed\u30b7\u30a2\u304b\u3089\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u8f38\u5165\u3092\u505c\u6b62\u3059\u308b\u3068\u7d04\u675f\u3057\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u3053\u306e\u5b9f\u73fe\u306f\u5927\u304d\u306a\u653f\u7b56\u8ee2\u63db\u3092\u5fc5\u8981\u3068\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n
\u6b27\u5dde\u306e\u9078\u629e\u80a2\u306f\u9650\u3089\u308c\u3066\u3044\u308b\u3002\u5de8\u5927\u306a\uff2c\uff2e\uff27\u306e\u751f\u7523\u80fd\u529b\u3092\u6301\u3064\u30ab\u30bf\u30fc\u30eb\u3068\u306e\u8ffd\u52a0\u306e\u30ac\u30b9\u4f9b\u7d66\u4ea4\u6e09\u306f\u505c\u6ede\u3057\u3001\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u306e\u5c0e\u5165\u306f\u9032\u3093\u3067\u3044\u308b\u3082\u306e\u306e\u3001\uff25\uff35\u304c\u5341\u5206\u306b\u5b89\u5168\u3092\u611f\u3058\u308b\u307b\u3069\u306e\u62e1\u5927\u306b\u306f\u81f3\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n
\u30d5\u30e9\u30f3\u30b9\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4e8b\u696d\u8005\u30a8\u30f3\u30b8\u30fc\u793e\u306e\u526f\u793e\u9577\u3001\u30c7\u30a3\u30c7\u30a3\u30a8\u30fb\u30aa\u30ed\u6c0f\u306f\u3001\u300c\u30a6\u30af\u30e9\u30a4\u30ca\u3067\u5408\u7406\u7684\u306a\u5e73\u548c\u304c\u5b9f\u73fe\u3059\u308c\u3070\u3001\u5e74\u9593\uff16\uff10\uff10\u5104\u7acb\u65b9\u30e1\u30fc\u30c8\u30eb\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\uff17\uff10\uff10\u5104\u7acb\u65b9\u30e1\u30fc\u30c8\u30eb\u306e\u30ac\u30b9\u4f9b\u7d66\u306b\u623b\u305b\u308b\u3060\u308d\u3046\u300d\u3068\u8a9e\u3063\u305f\u3002\u4ecf\u653f\u5e9c\u304c\u4e00\u90e8\u3092\u6240\u6709\u3059\u308b\u30a8\u30f3\u30b8\u30fc\u793e\u306f\u3001\u304b\u3064\u3066\u30ed\u30b7\u30a2\u306e\u30ac\u30b9\u30d7\u30ed\u30e0\u793e\u306e\u30ac\u30b9\u306e\u6700\u5927\u306e\u8cfc\u5165\u8005\u306e\u4e00\u3064\u3060\u3063\u305f\u3002\u30aa\u30ed\u6c0f\u306b\u3088\u308c\u3070\u3001\u30ed\u30b7\u30a2\u306f\uff25\uff35\u306e\u9700\u8981\u306e\uff12\uff10\u30fc\uff12\uff15\uff05\u3092\u4f9b\u7d66\u3067\u304d\u308b\u304c\u3001\u6226\u4e89\u524d\u306e\uff14\uff10\uff05\u304b\u3089\u306f\u6e1b\u5c11\u3059\u308b\u3068\u3044\u3046\u3002<\/p>\n
\u30d5\u30e9\u30f3\u30b9\u306e\u77f3\u6cb9\u5927\u624b\u30c8\u30bf\u30eb\u30a8\u30ca\u30b8\u30fc\u30ba(TTEF.PA), opens new tab\u306e\u30d1\u30c8\u30ea\u30c3\u30af\u30fb\u30d7\u30e4\u30f3\u30cc\u793e\u9577\u306f\u3001\u6b27\u5dde\u304c\u7c73\u56fd\u7523\u30ac\u30b9\u306b\u904e\u5ea6\u306b\u4f9d\u5b58\u3059\u308b\u3053\u3068\u306b\u8b66\u9418\u3092\u9cf4\u3089\u3057\u3066\u3044\u308b\u3002\u300c\u591a\u304f\u306e\u30eb\u30fc\u30c8\u3092\u6301\u3061\u3001\uff11\u3064\u307e\u305f\u306f\uff12\u3064\u306b\u4f9d\u5b58\u3057\u3059\u304e\u306a\u3044\u3088\u3046\u306b\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u300d\u3068\u30d7\u30e4\u30f3\u30cc\u6c0f\u306f\u8a9e\u308b\u3002\u30c8\u30bf\u30eb\u306f\u7c73\u56fd\u306e\uff2c\uff2e\uff27\u306e\u5927\u624b\u8f38\u51fa\u8005\u3067\u3042\u308a\u3001\u30ed\u30b7\u30a2\u306e\u30ce\u30f4\u30a1\u30c6\u30af\u793e(NVTK.MM), opens new tab\u304b\u3089\u306e\uff2c\uff2e\uff27\u3082\u8ca9\u58f2\u3057\u3066\u3044\u308b\u3002\u300c\u6b27\u5dde\u306f\u6226\u4e89\u524d\u306e\u3088\u3046\u306b\u30ed\u30b7\u30a2\u304b\u3089\uff11\uff15\uff10\uff10\u5104\u7acb\u65b9\u30e1\u30fc\u30c8\u30eb\u3092\u8f38\u5165\u3059\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u304c\u3001\u304a\u305d\u3089\u304f\uff17\uff10\uff10\u5104\u7acb\u65b9\u30e1\u30fc\u30c8\u30eb\u7a0b\u5ea6\u306f\u3042\u308a\u5f97\u308b\u300d\u3068\u8ff0\u3079\u305f\u3002<\/p>\n
\uff1c\u30c9\u30a4\u30c4\u306e\u8ee2\u63db\uff1e<\/p>\n
\u539f\u5b50\u529b\u767a\u96fb\u306b\u529b\u3092\u5165\u308c\u308b\u30d5\u30e9\u30f3\u30b9\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4f9b\u7d66\u6e90\u306f\u3001\u3059\u3067\u306b\u6b27\u5dde\u3067\u6700\u3082\u591a\u69d8\u5316\u3055\u308c\u305f\u3082\u306e\u306e\u4e00\u3064\u3060\u3002\u4e00\u65b9\u3001\u30c9\u30a4\u30c4\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u6226\u4e89\u307e\u3067\u5b89\u4fa1\u306a\u30ed\u30b7\u30a2\u7523\u30ac\u30b9\u306b\u5927\u304d\u304f\u4f9d\u5b58\u3057\u3066\u3044\u305f\u3002<\/p>\n
\u77f3\u6cb9\u5316\u5b66\u5927\u624b\u306e\u30c0\u30a6\u30fb\u30b1\u30df\u30ab\u30eb\u3084\u30b7\u30a7\u30eb(SHEL.L), opens new tab\u306e\u5de5\u5834\u304c\u96c6\u307e\u308b\u30c9\u30a4\u30c4\u6700\u5927\u306e\u5316\u5b66\u7523\u696d\u96c6\u7a4d\u5730\u306e\u4e00\u3064\u3067\u3042\u308b\u30ed\u30a4\u30ca\u5316\u5b66\u30d1\u30fc\u30af\u3067\u306f\u3001\u30ed\u30b7\u30a2\u7523\u30ac\u30b9\u306e\u65e9\u671f\u5fa9\u5e30\u3092\u6c42\u3081\u308b\u58f0\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002\u304b\u3064\u3066\u30ed\u30b7\u30a2\u306f\u3001\u4e3b\u306b\u30ce\u30eb\u30c9\u30b9\u30c8\u30ea\u30fc\u30e0\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3092\u901a\u3058\u3066\u3001\u5730\u5143\u306e\u9700\u8981\u306e\uff16\uff10\uff05\u3092\u4f9b\u7d66\u3057\u3066\u3044\u305f\u3002\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306f\uff12\uff10\uff12\uff12\u5e74\u306b\u7206\u7834\u3055\u308c\u305f\u3002<\/p>\n
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![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/https:\/\/author-service-images-prod-us-east-1.publishing.aws.arc.pub\/reuters\/9b30e16d-bfe9-4619-9ee3-.jpeg\"\/)
<\/p>\n
Riham Alkousaa is politics and general news correspondent for Thomson Reuters in Germany, with focus on the energy and climate change topics, covering Europe\u2019s biggest economy’s green transition and Europe\u2019s energy crisis. <\/p>\n
![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/04\/https:\/\/s3.amazonaws.com\/arc-authors\/reuters\/4ea9b651-504b-48b0-9b78-02a22430d060.png\"\/)
<\/p>\n
Marwa Rashad covers LNG and natural gas out of London, with a focus on Europe. She was part of a team awarded “Reuters Journalist of the Year” in 2022 for the coverage of the European Energy Crisis. Previously, She spent a decade in Saudi Arabia, the Middle East’s largest economy and the world\u2019s top oil exporter, covering a broad range of topics including the impact of the 2011 oil boom, the 2015 oil slump, the Kingdom’s economic transformation and its efforts to diversify away from hydrocarbons, Saudi Aramco IPO and provided an in-depth understanding of the kingdom’s young crown prince\u2019s ambitious reform agenda. She was part of Reuters team awarded 2018 \u201cscoop of the year\u201d for coverage of the murder of Saudi journalist Jamal Khashoggi. Marwa joined Reuters in 2009 in Cairo, Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"
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