Alexey Gromov, Principal Director on Energy Studies of the Institute for Energy and Finance, commented to Business FM on the record gas prices in the EU:
“I think, that Europe could well, in order to launch Nord Stream 2, at least on a temporary basis, give it a temporary exception for the period of the autumn-winter heating season. Another thing is that it hurts their political prestige. Therefore, a fundamental question arises: how long will the political expediency prevail over the economic realities in Europe? Let's see what will happen. In any case, of course, returning the launch of Nord Stream 2 to the agenda would help Europe significantly reduce the potential gas shortage in the coming winter.”
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