Gazprom’s Comeback Dreams Versus the Reality
Russian President Vladimir Putin is pushing to revive energy exports to Europe.
The gas receiving compressor station of the Nord Stream 1 pipeline in Lubmin, Germany. It’s one of many fuel links that has ground to a halt since Russia’s invasion of Ukraine.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, we look at the feasibility of Russian President Vladimir Putin’s goal to sell more gas to Europe.
Trillions of cubic meters of natural gas are sitting under Russia’s Siberian taiga — able to flow to Europe at a moment’s notice — as the Kremlin looks to revive energy exports and reap a sizable windfall in case of a peace deal with Ukraine.