... of the Pipeline, and Who Will Not
News about the construction of the Nord Stream 2 gas pipeline can be heard almost every day, like reports from the front lines. In reality... ... 2017. The surplus of gas on the domestic market allowed the United States to launch LNG exports in 2016. The country did not become a net exporter of gas until 2017, however... ... the Third Energy Package to include maritime parts of gas pipelines running into the European Union. The new rules would mean that Gazprom would only be able to transport...
In May 2014, in the aftermath of Russia-Ukrainian crisis, the European Commission adopted European Energy Security Strategy, establishing two pillars of European security of supply: prevention and mitigation. The main goal was to prevent gas supply disruptions by implementing “gas stress tests” (modelled by ENTSOG) and to foster solidarity (Regulation 994/2010) between European member states regarding redistribution of storage capacity under Emergency plan. According to CEER, LNG could become a key source of European flexibility and diversification. Thus, this article will summarise and explain the role plaid by the LNG in the establishment of the European security of supply. In 2014 EU had already 8 LNG suppliers, however,...