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I'm a bit worried about the EU consequences by this, given our already high inflation rate and energy prices being very influental in that regard. However, the

by jug 5y ago

I'm a bit worried about the EU consequences by this, given our already high inflation rate and energy prices being very influental in that regard. However, they assure us this won't be overly bad although there will be short-term consequences. A winner is obviously USA with the shale gas production but I'm sure EU will diversify in otehr regards as well. Altogether this feels like a painful but important step for a healthier energy supply in the future.

modo_mario 5y ago
>I'm a bit worried about the EU consequences by this, given our already high inflation rate and energy prices being very influental in that regard. The existing pipelines have much more capacity. Nordstream just serves as a tool to take a bargaining chip away from Ukraine. The pipeline isn't actually scrapped, stuff is just halted. Additionally Russia didn't resupply it's storages in Western Europe much last year and we can now see why. If Ukraine starts using it's bargaining chip i imagine we'll see those pipelines used real quick. A bigger issue is the growing demand with multiple countries scrapping nuclear powerplants without replacement. >A winner is obviously USA with the shale gas production but I'm sure EU will diversify in otehr regards as well. Whilst I've heard that before as well as talks about LNG terminals....the US barely registers as a supplier behind Algeria, Qatar, Libia, Nigeria,... It's not exactly cheap to transport across the atlantic.