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Scenarios for no Russian gas to Europe

Editor by Editor
2 years ago
Reading Time: 1 min read
RUSSIAN-GAS

crude oil refinery during sunset with pipeline connection

In the event of an Immediate Halt to Russian gas imports, gas prices could nearly double by the end of 2022. Germany would trade at a premium to other western hubs due to its high Russian gas share. Industrial demand turns down even further, and LNG imports rise by 40 bcm/a from 2022 to 2023

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