Recent construction delays to Nordstream 2 mean that the Russia-EU gas pipeline is likely to miss its scheduled completion date of December 2019. While we suspect that surging supplies of LNG from the US and Australia would limit any short-term price distortions from a delay, Nordstream 2’s outright cancellation would place longer-term upward pressure on the TTF natural gas price.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.