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Natural Gas

Russia's Nord Stream 2 gas link on track despite EU regulation risk
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Listen: Russia's Nord Stream 2 gas link on track despite EU regulation risk

Russia's controversial Nord Stream 2 and Turk Stream natural gas pipeline projects are still on track to come online at the end of this year, despite risks of EU regulation and US sanctions. The 55 Bcm/year link to Germany and 31.5 Bcm/year link to Turkey could between them cover almost all the 87 Bcm Russia sent via the Ukrainian route to Europe in 2018. S&P Global Platts editors Siobhan Hall and Stuart Elliott discuss the projects' impact on European gas flows and prices, regulatory risks and Gazprom's new approach to gas sales.