US sanctions would have “negligible overall impact on European markets”
Aurora Energy Research
Even if US sanctions lead to a cancellation of the Russian-German Nord Stream 2 gas pipeline and the Baltic LNG liquefied natural gas terminal projects, Europe’s import capacities are sufficient to meet demand, writes Aurora Energy Research in a brief. While “the overall impact [of the sanctions] on European markets is negligible”, the share of Russian gas could decrease significantly if it cannot be re-routed through Ukraine, the brief shows.
Read the brief in English here.
For background, see the News Digest entries Germany and Austria say US sanction plans against Russia threaten Europe’s energy security and Merkel calls US gas sanctions against Russia “irregular behaviour”.
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