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ECONOMY  POLITICS  CURRENT EVENTS

25 Jan 2022

“Germany has been resisting pressure from the US because it absolutely needs reliable gas supplies from Russia and, for all it is now one of the top exporters of liquified natural gas in the world, the US cannot replace Russia in that role as key gas supplier to Germany. Ukraine stands to lose several billion dollars per year in transit fees - which is what makes NS2 a cheaper option for shipment - a key stream of hard currency income for the country.”

Ronald Smith
Ronald Smith
   Analyst
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Senior oil and gas analyst at BCS Global Markets
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Date and Location
  • 25 January 2022
  • 25 January 2022
  • Germany
  • Not Specified
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