Currents - Energy Industry Insights, Volume 5, Issue 31

Russia Chooses Not to Raise Natural Gas Supplies to Europe Despite Putin’s Pledge to Help -

"Highly anticipated auction results showed Russia’s state gas giant Gazprom had not booked additional gas transit capacity for November either through the Ukrainian pipeline system or lines into western Europe via Poland."

Why this is important: Western Europe needs more natural gas this winter. Russia is happy to supply it, but only through its new Nord Stream pipeline that goes directly to Germany, under the Baltic Sea. Russia wants to avoid shipping gas through, and paying transit fees to, Ukraine or Poland, as it has for years. Russia sees Europe's gas hunger this winter as an opportunity to force acceptance of Nord Stream and effectively kill or diminish other pipelines.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Spilman Thomas & Battle, PLLC

Written by:

Spilman Thomas & Battle, PLLC
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Spilman Thomas & Battle, PLLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide