Nord Stream 2 is able to save Europe from the energy crisis, says Ekaterina Kosareva
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Sanctions against Russia in general and the Urals in particular

The reduction of Russian natural gas supply routes through Ukraine and Poland, the reluctance of a number of countries to switch to payments in rubles and the lack of additional alternative resource volumes on the world market are leading Europe to return to the launch of Nord Stream 2. Such forecasts were made by financial analysts.

“If the transit of Russian gas through Ukraine is interrupted and the supply route through Poland via the Yamal-Europe pipeline is not used, then the EU countries will be able to maintain the volume of purchases of Russian gas at the current level only through the emergency launch of the Nord Stream 2 gas pipeline. Otherwise, the pumping of gas to Europe from Russia may fall by 40%,” he said.Izvestia” Head of the Energy Development Center Kirill Melnikov.

WMT Consult Managing Partner Ekaterina Kosareva believes that “economists understand that today it is difficult to find free, alternative gas volumes for Europe’s energy supply in the world.” There is no doubt that Nord Stream 2, with a capacity of 55 billion cubic meters, is capable of saving Europe from an energy crisis, Kosareva is sure.

For example, “Finland may be left without Russian gas supplies at the end of May, since Helsinki has repeatedly stated that they will not pay for gas in rubles,” says Olga Orlova, head of the Industry direction at the Institute of Oil and Gas Technologies. Despite the fact that on May 23 the next payment for gas should take place, the expert noted.

State Duma deputy from the Crimean region Mikhail Sheremet said that the EU needs to stop counting on Ukraine and urgently look for a new option for gas supplies. One of them could be the German-Russian Nord Stream 2 project, notes MK.RU.

Earlier it was reported that Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline, plans to file for bankruptcy. This is due to the US-imposed sanctions against Russia, the pipeline operator is officially owned by the Russian Gazprom.

Russian President Vladimir Putin instructed to transfer payment for the supplied Russian gas into rubles. This is how the head of state responded to the numerous sanctions imposed by the US, the EU and other states after the start of a special operation to demilitarize and denazify Ukraine.

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The reduction of Russian natural gas supply routes through Ukraine and Poland, the reluctance of a number of countries to switch to payments in rubles and the lack of additional alternative resource volumes on the world market are leading Europe to return to the launch of Nord Stream 2. Such forecasts were made by financial analysts. “If the transit of Russian gas through Ukraine is interrupted and the supply route through Poland via the Yamal-Europe pipeline is not used, then the EU countries will be able to maintain the volume of purchases of Russian gas at the current level only through the emergency launch of the Nord Stream 2 gas pipeline. Otherwise, the pumping of gas to Europe from Russia may fall by 40%, ”Kirill Melnikov, head of the Energy Development Center, told Izvestia. WMT Consult Managing Partner Ekaterina Kosareva believes that “economists understand that today it is difficult to find free, alternative gas volumes for Europe’s energy supply in the world.” There is no doubt that Nord Stream 2, with a capacity of 55 billion cubic meters, is capable of saving Europe from an energy crisis, Kosareva is sure. For example, “Finland may be left without Russian gas supplies at the end of May, since Helsinki has repeatedly stated that they will not pay for gas in rubles,” says Olga Orlova, head of the Industry direction at the Institute of Oil and Gas Technologies. Despite the fact that on May 23 the next payment for gas should take place, the expert noted. State Duma deputy from the Crimean region Mikhail Sheremet said that the EU needs to stop counting on Ukraine and urgently look for a new option for gas supplies. One of them may be the German-Russian Nord Stream 2 project, MK.RU notes. Earlier it was reported that Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline, plans to file for bankruptcy. This is due to the US-imposed sanctions against Russia, the pipeline operator is officially owned by the Russian Gazprom. Russian President Vladimir Putin instructed to transfer payment for the supplied Russian gas into rubles. This is how the head of state responded to the numerous sanctions imposed by the US, the EU and other states after the start of a special operation to demilitarize and denazify Ukraine.

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