Thirsty Europe May Have to Wait Longer for Nord Stream 2

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Further delays could plague the start-up of much-needed flows via Gazprom’s Nord Stream 2 pipeline to Europe after a German court ruled that the section offshore Germany must obey EU antitrust regulations. That could force the Russian exporter to offer third-party access and comply with unbundling requirements that require pipeline owners to be different from gas suppliers, upsetting its plans to ship 5.6 billion cubic meters via the Baltic subsea pipeline this year (WGI Jul.21'21).

Gas Pipelines
Wanda Ad #2 (article footer)
Some extra Russian piped volumes are expected into Europe, but trust in Moscow as a reliable supplier is gone, industry insiders say.
Tue, May 30, 2023
QatarEnergy expects to sign more LNG supply deals with European customers in the coming months, says the gas giant's top executive.
Thu, Jun 1, 2023
European buyers remain reluctant to sign long-term supply agreements, despite the loss of Russian pipeline gas supplies.
Thu, Jun 1, 2023