Tag: Gazprom

This was quite a showdown getting this deal done with all parties not wanting to have a lapse in gas flow, for which they would all suffer in terms of credibility as a business partner and supplier.

Can the US continue to base policy on its leading role in gas and oil, or is this merely a blip due to end as suddenly as it appeared? The economics of huge future investments in US LNG export to the EU or China are not bright.

Jim W. Dean - While the champagne corks were flying at Gazprom in Russia, there was gnashing of teeth in the US. Trump said Nord Stream 2 would make Germany “a hostage of Russia”.

Due to this move the Russians are making by topping off the EU storage space, so there is no more room for others to get their gas supplies in, and the markets are poised to go even lower.