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Europe Gas Traders See Signs Demand Set to Rise bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Much of Russia’s existing gas export infrastructure points West. Unfortunately for Moscow, most of its gas customers are now to its East and a lot of the infrastructure it needs to supply them is yet to be built. This mismatch of pipelines and customers — which is likely to take years to resolve — forms part of a bigger question triggered by Moscow’s assault on Ukraine. The war has cut Russia adrift from Europe, its biggest gas export market. So what has Russia — which has the lar ....
Cut adrift from Europe, its biggest customer, the gas sector needs to find new markets. A $6.6 billion fall in state revenues from the industry points to the economic cost of the war in Ukraine. ....