NI: Europe’s gas shortage will accelerate the launch of Nord Stream 2

The National Interest columnist Nicholas Gvozdev said Europe’s low gas reserves and the record price of the blue fuel would accelerate the certification process for Russia’s Nord Stream 2 pipeline

 

“The Nord Stream 2 pipeline will allow more Russian energy to be exported without the need to use Ukrainian infrastructure. Currently, Russia does not export a single cubic meter more gas through Ukraine than the agreement with Germany requires”, –  the expert said.

In his opinion, reduced exports also affect the shortage of gas in Europe and will help speed up the launch of the Nord Stream 2 pipeline. Gvozdev also noted that the United States cannot ignore the current situation, so Washington has engaged in building relations with “the countries of post-Soviet Eastern Europe. As News Front previously reported, the price of blue fuel has reached $755 per cubic meter.

“Ukraine, through whose territory Russian gas currently transits, may overestimate the level of US support. Georgia misinterpreted US promises in 2008, referring to the country as “a close and loyal ally of the United States. The U.S. position has been carefully crafted to create the appearance of strong support – in an attempt to deter Russia from military or geo-economic action against Ukraine, but with enough loopholes and ramifications to avoid having to take action”, –  said The National Interest columnist.

Recall that Gazprom announced last Friday that construction of Nord Stream 2 had been fully completed. Next, it will carry out pre-commissioning work. The pipeline consists of two strings with a total capacity of 55 billion cubic metres per year and runs from the Russian coast to Germany through the Baltic Sea.