While all eyes are turned to Russia’s natural gas pipeline projects – Nord Stream II, TurkStream and South Stream – which it intends to build in Europe in the upcoming years, comparatively less attention is paid to imminent changes that are set to reconfigure gas markets in eastern Europe and Turkey. The transformations are being […]
Energy Connections
Squaring the circle of Nord Stream 2
The planned Nord Stream extension continues to generate vigorous debate, showing the difficulty of marrying aims of cost-effectiveness, social benefit and political acceptability. A project of Russia’s Gazprom in partnership with a handful of Europe-based energy majors, Nord Stream 2 would double the existing gas supply pipeline’s capacity of 55bcm/year by 2019. It would also […]
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