
Commission’s gas market proposal is an attempt to gain more control of energy policy
The European Commission’s proposed amendment to the Gas Directive is viewed by many as an attempt to block Nord Stream 2. But according to Danila Bochkarev, Senior Fellow, EastWest Institute, the Commission is thinking further ahead: it is using the proposal to try to increase its power over the EU energy market. … [Read more...]
Gazprom’s gas supplies to Europe and Turkey reached an all-time record in 2016. This might suggest Europe is becoming more dependent on Gazprom, but according to Danila Bochkarev, Senior Fellow at the EastWest Institute, the Russian company gained market share by playing by the rules of the market. The European gas market is finally becoming depoliticized. … [Read more...]
The financial viability of Gazprom’s Nord Stream 2 pipeline may be threatened if the EU imposes restrictions on its use, as many EU Member States advocate. According to Danila Bochkarev, Senior Fellow, EastWest Institute in Brussels, the Russian government could circumvent this hurdle if it allows independent Russia gas producers, such as Novatek and Rosneft, to use 50% of its capacity. Such a move, not unlikely, could usher in a new Russian gas … [Read more...]
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