Viewpoint: Threats From All Sides

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With gas shortages continuing to ravage Europe, all eyes are trained on Russia for signs it is ramping up shipments. Suspicions that Gazprom is restricting deliveries to try to speed up approval of its Nord Stream 2 pipeline have prompted a barrage of criticism. International Energy Agency head Fatih Birol said last week that Russia could “easily” increase exports by about 15%, which would “significantly comfort the European gas markets.”

A Russian gas transit cut to Europe is unlikely, even if tensions between Russia and Ukraine result in military action.
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Tensions between Moscow and the West could ratchet higher if Brussels launches an antitrust case against Gazprom.
Wed, Jan 19, 2022