Go Back   English Forum Switzerland > Off-Topic > Off-Topic > International affairs/politics  
 
Thread Tools Display Modes
  #81  
Old 30.06.2021, 11:28
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 14,550
Groaned at 281 Times in 187 Posts
Thanked 18,384 Times in 7,702 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: Nordstream 2

Gas prices at highs. Gazprom not sending more via Ukraine - happy to supply vis NS2 once it is complete...

https://www.ft.com/content/c023ba5f-...s_yahoo/auddev

Last edited by Phil_MCR; 01.07.2021 at 20:15.
The following 3 users would like to thank Phil_MCR for this useful post:
  #82  
Old 01.07.2021, 19:50
XDr's Avatar
XDr XDr is offline
Member
 
Join Date: Sep 2020
Location: Northeast
Posts: 156
Groaned at 4 Times in 4 Posts
Thanked 208 Times in 115 Posts
XDr has an excellent reputationXDr has an excellent reputationXDr has an excellent reputationXDr has an excellent reputation
Re: Nordstream 2

If Western Europe approves NS2, which has to receive final technical and regulatory approval even after completion, then Western Europe will receive more, cheaper gas.
The current shortage is only partly due to Russia, which is getting plenty of competing orders from Asia. It is more due to LNG shipping capacity issues, which are engineered in London and other financial and shipping capitals. https://www.ft.com/content/24bd5ec0-...d-c2e1118b7f8e
Long term, prices will have to go up if Asia (and parts of Europe such as Poland) are to wean themselves from coal. https://www.mckinsey.com/industries/...ies-for-growth


Again: NS2 means more, cheaper gas for Europe. At this point, what stands in the way is entirely politics.
 




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +2. The time now is 00:24.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0