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Recent Posts
- EU/G7’s Russian diesel price cap is on. Now, as prices rise, Ukraine’s allies can squeeze Putin’s revenues, short of a price spike. Putin’s no longer decides his business terms. 14.Feb.2022
- My Asharq: EU & G7 debate Russian oil-products’ caps. Two-caps needed by 5 February. High impact likely later this year. 14.Jan.2022
- My Kyiv Post | Opinion Exclusive: “Reflections on Scholz’s Leopards’ Stalling Strategy” 14.Jan.2022
- My Asharq: Will Iraq be able to supply Germany natural gas? Not likely soon: Iraq has risky 40 % reliance on Iran gas, just like Germany’s was on Russia. Also, Iraq announced the same contract to capture flared gas 3X in six years, with little progress. 14.Jan.2022
- My Al Jazeera | Germany takes first USA LNG | Putin suffers Winter setback in energy war vs EU, likely lasting to 2026-27 | This is a 2nd front of Russia’s failing Ukraine War. 14.Jan.2022
- My DW live: Russia ban on oil sales to price-cap nations has no significant effect. Russia will be selling less oil over time & sanctions complicate shipping insurance. Meanwhile, Ukraine-allies’ price cap encourages India & China to demand lower prices from Russia without officially joining cap. 14.Dec.2022
- My Al Jazeera: Putin’s decree banning oil sales under the cap is “a bit of bravado.” – The EU/USA can squeeze Russia by “stepwise lowering the cap” & “bringing other, new oil online.” 14.Dec.2022
- Roundtable, London asked us: “Is the US making a profit from the conflict in Ukraine?” — In my view, this complaint reflects Scholz & Macron’s continued longing to escape the USA’s transatlantic strategy towards Russia & China. 14.Dec.2022
- My Aljazeera [English] Today’s start: EU sanctions Russian imports & G7-EU price-cap. As USA planned: no market shock. 14.Dec.2022
- EU sets $60 Russian-oil-price cap. What now? [My Al Jazeera & Asharq (Blmbrg) interviews] 14.Dec.2022
- My Al Jazeera: EU debates where to set Russian oil price cap. Over time this price “will be lowered as [new oil] comes online,” shrinking Russia’s market. “The Americans just don’t want a shock removal.” 14.Nov.2022
- My Polish press interview: “Europe can replace Russian oil & gas by 2027” but “in war there are casualties” (Pl. & Eng.) 14.Nov.2022
- My Doha talk: Europe’s energy crisis: another front of Putin’s Ukraine War – & the GCC 14.Nov.2022
- My DW: Will the gas-price cap keep firms in Germany? BASF & German politicians’ years-long energy policies have collapsed. 14.Nov.2022
- Our TRT/Istanbul: Will Turkey be Russia’s new gas hub to Europe? Can Putin save his gas sector? What’s Erdogan’s game? 14.Oct.2022
- Our TRT London: Can Moldova escape Russian energy dependence? 14.Oct.2022
- My Al Jazeera: Costa, Sánchez & Scholz, in Berlin, demand Midcat gas pipe via France. They’ll confront Macron at EU Council, 20-21 Oct 14.Oct.2022
- Al Ghad/Cairo: Putin tempts Erdogan, “Take Nord Stream gas at a Turkish hub. Sell EU my gas. Forget NATO.” Putin’s ‘Gas Godfather’ games become pathetic. 14.Oct.2022
- Video | European Energy Crisis panel at Montenegro’s 2BS Forum, with Prof Alan Riley, me & moderator Jasmina Kos 14.Oct.2022
- Kyiv Post: “What to Expect in the Energy War? Interview with Expert Thomas O’Donnell” 14.Oct.2022
- My Al Jazeera: Washington picked a pointless, populist fight with the Saudis over OPEC+ cuts 14.Oct.2022
- Asharq TV: I debated Moscow expert Kirill Semyonov on the Nord Stream 1 & 2 explosions: “A suspect (Russia) cannot be an investigator.” 14.Oct.2022
- My Sky News: Are EU Measures vs the Russian Oil- & Gas-War Enough? 14.Oct.2022
- Financial Times quotes me: Germany embraced Russia’s energy for “strategic balancing” vs USA 14.Oct.2022
- My TVP, Warsaw: Assessing Energy Supplies in the EU’s Energy Crisis vs Russia. 14.Sep.2022
- My Al Jazeera: I was asked to assess Pres. Von der Leyen’s proposals on the energy crisis | Sharing hardships fairly is the key to unity. 14.Sep.2022
- Al Jazeera’s video on my view: “What does Russia’s gas cut mean for Europe?” 14.Sep.2022
- I’m cited The New York Times | Putin is wielding his gas weapon vs the EU while he still has it. The energy war will be fierce. 14.Sep.2022
- My Asharq: Russia’s War is driving MENA shortages, inflation & unrest | How Moscow uses “denazification”+”food aid” lies. What can MENA states do? 14.Sep.2022
- My DW: On OPEC+ decision & the EU’s Russian-gas price cap || AL JAZEERA: I debated Moscow expert on Putin’s try to divide EU on gas. Gemany will never trust Russian energy again; & it is rearming. 14.Sep.2022
- On Al Jazeera with expert in Moscow | Putin wants a “compromise” for gas. Like what, Donbas? Odessa?- In my view, EU citizens will choose the cold … & their dignity. 14.Aug.2022
- My Al Jazeera: Russia cuts Latvian gas; but Baltics & Poland prepared, with LNG facilities. German leadership ridiculed them. | Putin is using energy blackmail to fight sanctions imposed on Russia for his Ukraine war. 14.Jul.2022
- My DW TV: Why Putin cuts EU gas bit-by-bit? Can Germany handle it? Wind’s low, so we’re buring gas! | Many EU states warned Berlin: “Don’t open our door to Putin’s Trojan horse!” 14.Jul.2022
- Putin cuts Nord Stream1 to 20%. Gas is Moscow’s key economic lever: Exports earn much less than oil & EU needs two-to-four years to replace it | USA-EU should hit Russian oil harder 14.Jul.2022
- Roundtable Invite/Einladung: Threat of Russia-Gulf States oil price war for Asian market? Berlin, Bundestag Press House, 28 July. [Deutsch/English event] 14.Jul.2022
- My Euronews: Nord Stream1 back on. Putin knows EU will be free of Russian gas in couple years; he’ll weaponize it while he still can. Killing EU-Ukraine solidarity is the target. 14.Jul.2022
- Is a lack of oil refineries boosting global fuel prices? Al Jazeera asked us, in Houston & Berlin 14.Jul.2022
- Al Jazeera asks: What if Gazprom cuts Nord Stream1? EU strategy rests on solidarity. | As Putin’s EU gas trade dies, he can weaponize it once or twice more. 14.Jul.2022
- Al Jazeera: Former Russian Foreign Minster A. Fedorov & I are interviewed: A Putin Gas War vs EU? | Me: This would be another huge Putin tactical blunder. EU citizens will not be intimidated, will unite, blaming Putin. 14.Jul.2022
- My Al Jazeera. Turbine-in-Canada: Germany gets it back for Russia. Ukraine objects | EU gas crisis looms: Winning this economic war will have costs 14.Jul.2022
- My Asharq(Bloomberg): What if Russia cuts off EU gas? Do sanctions hurt Russia? How’s Putin’s oil going to India? “This is Putin’s energy war to win his Ukraine war.” 14.Jul.2022
- My AlJazeera: Russia cuts exports via Nord Stream 1 by 60%, further weaponizing EU over-dependence, as part of its war against Ukraine. EU winter gas rationing is possible. 14.Jun.2022
- My DW live: Gazprom Germania bailout: German policy made EU hostage to Russian energy, enabled Moscow’s Ukraine war | German strategy 1980-2022 was “strategic balancing” of Russia vs USA to carve out a space for its freedom of action within sphere of USA predominance. 14.Jun.2022
- My Al Jazeera: After EU (finally!) puts sanctions, the Saudis & OPEC move quickly to occupy Russia’s lost market shares | The world has abundant oil to develop [EN audio/AR video] 14.Jun.2022
- AlJazeera live: EU failes to agree on Russian oil embargo. With months of oil in storage, Druzhba inland refineries are no excuse. 14.May.2022
- Asharq live: No EU embargo agreed vs. Russian oil. Some too cautious (Germany), others pro-Putin (Hungary). Yet, EU has months of oil in storage. [EN audio, AR video] 14.May.2022
- My Al Jazeera: Finland, the Baltics & Poland prepared well for Gazprom’s cutoff. Germany & Austria did the opposite, putting EU at risk. 14.May.2022
- My Kosatka (Kyiv) Q&A: “Biden’s ‘gas airlift’ & Kremlin revenue. Tom O’Donnell on Russian gas embargo” [Ru/En/Ua] 14.May.2022
- Le dije a Radio Clarín Buenos Aires: Putin amenaza con cortarle el gas a la UE/Alemania, pero no tiene otra fuente de dinero. Si lo hace, Biden y la UE organizarán un “Gas-Lift” … [Spanish] 14.May.2022
- Would EU sanctions on Russian oil cost Germany “too much”? No. Scholz & Habeck pose the wrong questions. [Asharq/Bloomberg live: En & Ar] 14.Apr.2022
Category Archives: Russia
EU/G7’s Russian diesel price cap is on. Now, as prices rise, Ukraine’s allies can squeeze Putin’s revenues, short of a price spike. Putin’s no longer decides his business terms.
Posted in Euroepen Union, Global Oil Market, Russia, Sanctions
Tagged Energy, Russia, Ukraine, United States
My DW live: Russia ban on oil sales to price-cap nations has no significant effect. Russia will be selling less oil over time & sanctions complicate shipping insurance. Meanwhile, Ukraine-allies’ price cap encourages India & China to demand lower prices from Russia without officially joining cap.
The title and brief interview is rather self-explanatory. The interview starts after a brief intro, after 30 seconds.
Thanks to Daniel Winters, German national broadcaster Deutsche Welle’s (DW.de) English language Business News host for this invitation. We spoke, in Berlin, only a few hours after the cap was announced in Moscow.
Posted in Oil prices, Russia, Sanctions, Ukraine, Uncategorized
Tagged oil price cap, Russia, Ukraine
My Al Jazeera: Putin’s decree banning oil sales under the cap is “a bit of bravado.” – The EU/USA can squeeze Russia by “stepwise lowering the cap” & “bringing other, new oil online.”
Al Jazeera asked for an online commentary within an hour of Putin’s announcement. These were my initial thoughts.
I also spoke to AJ Arabic, and a couple hours later, on Germany’s Deutsche Welle’s English language service elaborated on these points (see video, next blog post).
The question is where will the EU-USA-g7 western alliance go from here. If they stepwise lower the cap, and also work hard to get new oil online (from OPEC and the USA), they can gradually keep lowering Russia’s market share. However, as I indicated, the coming recession – esp. in Europe – and the uncertainties of Chinese demand as it exits COVID shutdowns in early 2023, complicate calculations of whether the globala oil market will be short or long on supplies and if the price will spike or not. I said this will be “a chess game.”
Comments are most welcomed. Tom O’D.
Posted in Putin, Russia, Uncategorized
Tagged oil price cap, Russia, Sanctions, Ukraine war
Roundtable, London asked us: “Is the US making a profit from the conflict in Ukraine?” — In my view, this complaint reflects Scholz & Macron’s continued longing to escape the USA’s transatlantic strategy towards Russia & China.
Guests:
- Nicholas Lokker, Research Assistant at the Centre for a New American Security
- Marie Jourdain, Visiting Fellow at the Atlantic Council’s Europe Center
- Dr. Thomas O’Donnell: Energy and Geopolitics Analyst
Host: Philip Hampsheir, sitting in for David Foster.
From the TRT YouTube page blurb:
Dec 7, 2022 – Top European Union officials are accusing the United States of profiting from the war in Ukraine through high natural gas prices and weapons sales, while Europe struggles with rampant inflation and a cost of living crisis. Amidst rising tensions, a meeting between French President Emmanuel Macron and his American counterpart in Washington saw both attempt to send a message of unity.
Continue readingPosted in Energy and Geostrategy, Euroepen Union, Russia, The USA, Ukraine, Uncategorized
Tagged Energy, geopolitics, Germany, Russia, United States
My Aljazeera [English] Today’s start: EU sanctions Russian imports & G7-EU price-cap. As USA planned: no market shock.
FIRST: Here’s my AM Al Jazeera-ENGLISH), today 05Dec22. [About 30s. at start is lost]
SECOND: Here is my ENGLISH AUDIO of my AM AL Jazeera-Arabic interview
Posted in Euroepen Union, Global Oil Market, Oil Crisis, oil price war, Oil prices, Russia, Uncategorized
Tagged al jazeera, oil price, oil price cap, russian sanctions
My Al Jazeera: EU debates where to set Russian oil price cap. Over time this price “will be lowered as [new oil] comes online,” shrinking Russia’s market. “The Americans just don’t want a shock removal.”
This interview (Arabic video; English audio above) was recorded the evening of 29nov22 as the EU struggled over how low to set the price cap.
Soon, it will be agreed, and will gradually become devastating for Russia.
As new non-Russian oil resources are developed (e.g., in Guyana, Suriname, UAE, Iraqi and other fields) and/or oil fields come back online (e.g., Venezuela, Libya, …), the EU and G7 will feel confident to further lower the price further and further below the price of Brent and WTI crude.
Continue readingPosted in AlJazeera, Oil prices, Russia, Sanctions, Uncategorized
Tagged EU, EU sanctions, oil price, oil price cap, oil rice war, russian sanctions, USA
Our TRT/Istanbul: Will Turkey be Russia’s new gas hub to Europe? Can Putin save his gas sector? What’s Erdogan’s game?
With guests:
- Dr. Thomas O’Donnell: Energy Analyst, in Berlin
- Eser Özdil of Glocal Group Consulting; and Former President of The Turkish Petroleum and Natural Gas Platform Association. He is also an external fellow of the Atlantic Council in Washington, DC.
and Host Ayse Suberker of TRT TV’s Straight Talk from Istanbul.
We analyzed what Putin aims to achieve, and why President Erdogan of Turkey has so rapidly accepted this proposal. This is obviously, I said, a scheme by Putin to try to save his natural gas business to Europe.
Continue readingPosted in EU gas, gas, gas crisis, Nord Stream, Nord Stream 2, Russia, Turkey, Uncategorized
Tagged Energy, geopolitics, Russia, Ukraine
Al Ghad/Cairo: Putin tempts Erdogan, “Take Nord Stream gas at a Turkish hub. Sell EU my gas. Forget NATO.” Putin’s ‘Gas Godfather’ games become pathetic.
Is this even a real proposal? Nowadays, after becoming so unreliable a supplier of gas to Europe, in fact having weaponized Russian gas deliveries, it is difficult for anyone to take this proposal seriously. Erdogan may have many significant problems; however he and Turkey are not so naieve as to do what Germany and Austria forced the European Union to do, i.e., become overdependent on Russian gas, especially given the deep energy crisis Europe is currently going through.
But, also consider this (as I explained towards the end): This proposal of sending Nord Stream gas, originating in Northern Urengoy province, above the Artic Circle, would also require a big, new pipeline laying project, running at least from perhaps near the Ukrainian border south towards the Black Sea and then onto Turkey. This would have a significant cost. And, by the time this could be finished – in perhaps five or more years – the world will have moved on. By that time, new LNG and natural gas production potential in the USA, Qatar, Australia, Algeria, Norway, Israel (sent to Egypt for liquification) and likely many others’, will have been developed and be on the global market. On this time horizon, there would be plenty of diverse sources of gas fully able to replace Russian export capacities.
I also explained the history of the South Stream Pipeline …
Continue readingPosted in Al Ghad Cairo,, Algeria, Egypt, Energy crisis, EU gas, European Union, Gazprom, Germany, LNG, Nord Stream, Nord Stream 2, norway, Putin, Russia, The USA, Turkey, Uncategorized
Tagged Energy crisis, Erdogan, EU, european energy crisis, gas, Nord Stream, Putin, Turkey
Video | European Energy Crisis panel at Montenegro’s 2BS Forum, with Prof Alan Riley, me & moderator Jasmina Kos
My thanks to Jasmina Kos (Al Jazeera, Balkans) for moderating our panel, and to my friend and colleague Prof. Alan Riley, who joined us via video link from Brussels.
Also my thanks to the 12th Annual 2BS Forum, especially Azra Karastanovi, executive director of the Atlantic Council of Montenegro for the invitation. The Forum was an informative and especially sober event (i.e., more on how the state-crisis of Montenegro’s politically split ruling coalition played out even during the conference sessions in another post, soon.)
As for our panel, we discussed in some detail the reasons for Putin’s energy war against Europe, the likely reasons Russia would sabotage the Nord Stream pipelines, the status of the European struggle to replace Russian gas with other sources – and how bad might the crisis be during this and the next few winters, the question of the role of renewables, the role of conservation of gas and electricity use, and the potential for new-build nuclear power in Europe. Comments, corrections and critiques are most welcomed.
Continue readingPosted in Energy crisis, EU gas, gas, gas crisis, Russia, Ukraine, Uncategorized
Tagged 2bs forum, european energy crisis, montenegro, natural gas
My TVP, Warsaw: Assessing Energy Supplies in the EU’s Energy Crisis vs Russia.
This video is the portion of the TVP show (Warsaw, Poland, in English) with my interview on 09sep22.
We discussedthe present energy crisis in Europe vs. Putin’s Russia – as an additional front parallel to the hot war inside Ukraine.
I gave my views on the causes for Europe’s predicament: this includes over-dependence on Russian energy – long insisted upon by especially Germany and Austria – to over-dependence on variable wind energy without having any significant amout of grid-scale storage installed.
Also, on the necessity of nuclear as a zero-carbon base load generation capaciy, and the most useful applications for larger, Generation 3+ nuclear plants as versus smaller SMRs (small modular reactors). I aso commented on the Polish national energy transistion plan, wich seems much moe flexib .
[Note: TVP is the Polish state-media corporation TV channel. See: https://en.wikipedia.org/wiki/Telewizja_Polska
As the Wiki indicates, TVP is criticized for being partisan pro-government. In my interview, on this topic, this was not the case. I also often go onto German state-media TV, Deutsche Welle (DW), subject to my similar observations when I’ve been on that station. ]
Continue readingPosted in Energy crisis, Euroepen Union, Poland, Russia, Ukraine, Uncategorized
My AlJazeera: Russia cuts exports via Nord Stream 1 by 60%, further weaponizing EU over-dependence, as part of its war against Ukraine. EU winter gas rationing is possible.
Jun 17, 2022 Today, Gazprom announced a further cut in exports of gas via Nord Stream 1 to Germany and on into Europe. Earlier this week, they had cut 40%, now it is 60% of the 55 billion cubic meters per year (bcm) that normally flows in this pipe.
I explained that the Gazprom excuse – -that it could not re-import some compressor parts it had sent to Siemens to repair in Canada due to sanctions — appears as a convenient, manufactured excuse.
I pointed out that a one-off sanctions waiver from the USA, EU and/or Canada for the reimportation of these very specific parts could likely be easily arranged – and if the gas did not again flow fully, Gazprom’s ruse would be clearly exposed.
However, as I said, this is more accurately understood as simply another step in the weaponization of the over-dependence of the European Union (and esp. of Germany, Austria and Italy) on Russian gas imports, a game which Mr. Putin began in earnest in August of 2021.
Continue readingPosted in Energy and Geopolitics, EU gas, European Union, gas crisis, Gazprom, gazprom, geopolitics, Germany, Interview, LNG, Nord Stream, Nord Stream 2, Putin, Russia, Sanctions, Ukraine, Uncategorized
Tagged al jazeera, Energy, gas, gas crisis, Gazprom, geopolitics, Germany, LNG, Nord Stream, Nord Stream 2, rationing, Russia, Sanctions, Ukraine
AlJazeera live: EU failes to agree on Russian oil embargo. With months of oil in storage, Druzhba inland refineries are no excuse.
You comments and critiques rae much appreciated. Tom O’D.
Posted in AlJazeera, European Union, Germany, Global Oil Market, Interview, Russia, Sanctions, Ukraine, Uncategorized
Tagged al jazeera, Energy, European Union, geopolitics, Interview, oil sanctions, oil sector, Russia, Sanctions, Ukraine, United States
Asharq live: No EU embargo agreed vs. Russian oil. Some too cautious (Germany), others pro-Putin (Hungary). Yet, EU has months of oil in storage. [EN audio, AR video]
We discussed the EU’s repeated failures to impose an embargo in Russian oil. Now, (after Monday 30 May) they are considering a sea-borne-oil-only embargo.
Posted in Asharq, Energy and Geopolitics, European Union, Germany, Global Oil Market, Interview, Russia, Sanctions, Uncategorized
Tagged Energy, European Union, geopolitics, Germany, Hungary, oil sanctions, oil sector, Russia, Sanctions, Ukraine
My Al Jazeera: Finland, the Baltics & Poland prepared well for Gazprom’s cutoff. Germany & Austria did the opposite, putting EU at risk.
I told Al Jazeera that Finland is well prepared, having worked since 2017 with Estonia, Latvia and Lithuania – the Baltic states – and with Poland to connect them all together with new pipelines, also to access LNG, storage and soon, new supplies from Norway.
Finland has also rented a regasification ship, from a US firm, to receive 5 billion cubic meters per year of LNG, whch will be plenty to supply both itself and Estonia in the wake of Putin cutting off Gazprom supplies of natural gas. Finland refuses, as did Poland too, to pay Moscow in rubles and so are being punished by Putin.
Continue readingPosted in Baltic States, Energy and Geopolitics, Estonia, EU gas, European Union, Finland, gas, gas crisis, Gazprom, gazprom, geopolitics, Germany, LNG, Nord Stream, Nord Stream 2, Poland, Putin, Russia, Sanctions, shale gas, The USA, Three Seas, Ukraine, Uncategorized
Tagged al jazeera, Baltic States, Energy, Energy and Geopolitics, Estonia, European Union, Finalns, gas crisis, Gazprom, geopolitics, Russia, Sanctions, United States
My Kosatka (Kyiv) Q&A: “Biden’s ‘gas airlift’ & Kremlin revenue. Tom O’Donnell on Russian gas embargo” [Ru/En/Ua]
Kostaka.Media (Kyiv) independent journalists continue informing the Ukranian people on energy affairs. I was interviewed from afar by YAROSLAV MARKIN, TETIANA HUZENKO. We focused on gas issues – would Putin cut Europe’s gas? What have the Americans been organizing, now with the Europeans? How would this affect Europe, Ukraine and Putin’s income?
Below are links to the article in Kostaka’s three languages (EN, RU, UA). I pasted in the English one below, in case you have access problems. This interview had to be written, not audio/video, due to wartime difficulties. [Also, here’s my previous (in-person Kyiv) interview with Kostaka.Media.]
- English; https://kosatka.media/en/category/blog/news/gazovyy-most-baydena-i-udar-po-dohodam-kremlya-tomas-v-o-donnell-ob-embargo-na-rossiyskiy-gaz
- Russian https://kosatka.media/category/blog/news/gazovyy-most-baydena-i-udar-po-dohodam-kremlya-tomas-v-o-donnell-ob-embargo-na-rossiyskiy-gaz
- Ukrainian https://kosatka.media/uk/category/blog/news/gazovyy-most-baydena-i-udar-po-dohodam-kremlya-tomas-v-o-donnell-ob-embargo-na-rossiyskiy-gaz
Biden’s Gas Air Lift and the impact on Kremlin revenue: Thomas W. O’Donnell on the russian gas embargo
28 April 2022 — Author YAROSLAV MARKIN, TETIANA HUZENKO
Europe is going to cut the consumption of gas by a ⅔ in 2022, that is obviously will affect the Kremlin’s revenue. However, an embargo is highly possible as well. Both the Kremlin and the EU, in response to Russia’s new war crimes in Ukraine, could stop the gas flows.
In such a case, LNG supplies are to help weather the crisis of 2022-2023 via Biden Air Lift. The last mentioned is being set up by the US and EU diplomats and is patterned on the Berlin Air Lift of 1949. Berlin Air Lift was a system of food and coal supply during the times when the USSR had been blocking land routes.
This would be the end of Russian gas supplies to Europe forever, an international expert and senior energy and geopolitics analyst at GlobalBarrel.com, Dr Thomas W. O’Donnell believes.
He told Kosatka.Media how quickly Europe would be able to abandon Russian gas, what alternative supply routes could be used, and whether Hungary and Austria, obsessed with Russian gas, could prevent this.
The analogue of Putin’s army in the energy sector
• How much gas does Europe import from Russia per year? Who are the major consumers?
There are two different market processes whereby Russian gas is purchased by Europe. If we speak about only gas delivered by pipeline, these are:
І. Via long-term contracts, agreements which are for natural gas to be delivered for several years, perhaps from five to as much as 20 years.

ІІ. Via the “spot” market. These are short-term contracts for gas to be delivered the following month. It is also possible to buy gas day-by-day, where traders agree to a price for gas delivered the next day. Here, gas traders consult the future’s market, which has set the price for gas delivered the next day, or the next month, or some number of months in the future.
Continue readingPosted in Energy and Geopolitics, EU gas, gas crisis, Gazprom, geopolitics, Germany, Interview, Naftogaz, Russia, Sanctions, The USA, Ukraine, Uncategorized
Tagged Energy, gas, geopolitics, Germany, Interview, Kostaka.Media, Russia, Sanctions, Ukraine, United States