Nord Stream
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Nord Stream 2: The German perspective
Though most parties in Germany’s parliament support the Nord Stream 2 project, there is far from a consensus within the country: even the government doesn’t have a consistent policy. Still, Berlin sees benefits in having access to more gas supply than it needs, and the project wins votes in regions where it creates jobs. Moreover, U.S. President Donald Trump’s confrontational threats to impose sanctions on German firms has backfired.
Inconsistent policies on Ukraine
The European Union has decided to prolong its ineffective sanctions on Russia. That’s hardly surprising, since no one has come up with any new solutions. Moreover, some countries, like Germany, make a strong stand for sanctions while at the same time supporting other initiatives – like Nord Stream 2 – ...
The U.S. shale revolution continues to alter gas markets
The shale revolution has transformed global gas markets and turned the United States into the world’s leading producer. Now a net LNG exporter, the U.S. has challenged established exporters and changed the old pricing order. Europe, which is increasingly reliant on gas imports, is turning to American exports to reduce ...
The future of LNG for Europe
LNG is undergoing a production boom worldwide, mostly driven by the industry’s rapid growth in the United States. This could have profound effects on Europe, which has already become the largest buyer of American LNG. As a result, big changes are coming in the global gas market, as countries like ...
The future of Ukraine’s energy transit status
With a key contract expiring next year, Ukraine’s role in transmitting Russian gas to Europe is uncertain. The planned Nord Stream 2 pipeline threatens to circumvent Ukraine, which has offered lowered gas transit rates to Gazprom if it scraps the new project and allows other exporters to pass through the ...
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