Europe was already facing a winter gas crisis. The risks just got even bigger

4 comments
  1. >”By suspending the Nord Stream 2 approval process, German regulators and likely also its incoming new government signal they are not willing to bow to Russian pressure to fast-track approval for the pipeline,” he said. “It also signals [to] its allies in Poland, Brussels and in Washington that Berlin is not deaf to their criticism of the pipeline.”

    Looks like Germany isn’t really a good hostage.

  2. They should forbid gas and oil heating all across Europe. It’s expensive to burn it in these small household plants anyway.

    Than the gas demand is projected to fall.

    The current pipelines are enough.

    The north stream 2 connected gas field is problematic and it’s expensive. The whole pipeline is useless and now Russia tries to blackmail Europe to approve that unnecessary pipeline.

    The consequences should be to reduce the gas demand all across Europe. Household gas consumption should be the first step.

  3. The main reason of this problem is that many countries, such as Germany or UK don’t have the law, such as Poland or Spain have requiring to fill up gas reserves before winter. Was it a common law in Europe, then prices wouldn’t peek so much for winter months and there wouldn’t be fear that gas will run out in winter – the time of highest demand

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