Europe’s Gas Buyers Told to Prepare for Nord Stream 2 Delay
- Pipeline from Russia may not be finished on time in December
- Supply also at risk from dispute between Russia and Ukraine
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Natural gas buyers in Europe should prepare for the risk of a supply crunch in the winter even though there’s a glut at the moment.
That’s one of the messages emerging from the industry’s biggest annual gathering. Many participants expect both a delay in the opening of the Nord Stream 2 pipeline, which would expand a route for gas into Europe, and for a deepening of the dispute between Russia and the Ukraine, a main transit country, over pipeline transport fees.