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LNG is increasingly saturating the global natural gas market. And geopolitics are making it difficult for any country not named China or Russia to strike advantageous pipeline gas supply deals. Could these forces, and others, spell the end of large, trans-national pipeline projects, beginning with the oft-challenged EastMed Pipeline? [Gas in Transition, Volume 2, Issue 2] ....
The threat of military escalation in Ukraine is ramping up the pressure in Europe’s gas market. The chances of Russia intentionally cutting its exports are remote. But any disruption to pipeline volumes could lead to energy chaos in Europe and ripple out into global gas and power markets. ....