The proposed US sanctions aimed at Nord Stream 2 (NS2) are yet another hurdle in the way of the controversial Russian gas pipeline for Europe. But they are not an attempt by the Americans to prevent Gazprom from supplanting them as a supplier, says Alan Riley at the Atlantic Council Global Energy Center, because NS2 will deliver no more gas than the current route via Ukraine, just replace it. He argues the sanctions are to constrain Russiaâs … [Read more...]
Opposition to Nord Stream 2 ignores market fundamentals [Energy Post Weekly]
Criticism of the Nord Stream 2 project routinely misses the bigger picture of EUâs lower carbon targets, Groningenâs impending switch-off and Russiaâs own dependence on natural gas exports to Europe. … [Read more...]
