EGF Gazprom Monitor, Issue 104, January 2020

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A Snapshot of Key Developments in the External Relations of the Russian Gas Sector

By Dr Jack Sharples, EGF Associate Researcher on the External Dimensions of Russian Gas and Research Fellow on the Natural Gas Research Programme, Oxford Institute for Energy Studies

Key points:

  • Nord Stream 2: Construction of final section of Nord Stream 2 halted due to US sanctions
  • Turkish Stream: Turkish Stream is formally launched; The impact of Turkish Stream on regional gas flows; Turkish Stream extensions to Serbia & Hungary
  • Ukraine: Agreement reached on Russian gas transit via Ukraine; Compromises that facilitated the agreement; The continued role of Naftogaz; Will the capacity be enough for Gazprom in 2020? Potential Ukrainian transit in 2022-2024; 2021: An infrastructure gap to be bridged
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