“The U.S. conceded it won’t be able to stop completion of the controversial Nord Stream 2 natural gas pipeline from Russia to Germany, acknowledging the failure of a years-long effort to head of a perceived threat to European security.” – by Jennifer Jacobs, Nick Wadhams and Lars Paulsson
Natural Gas
Earthquakes Are Jolting the Netherlands. Gas Drilling Is to Blame. (New York Times)
“This slow-motion disaster is forcing the Dutch government to curtail gas production with consequences that are likely to be profound for its economy.” – by Stanley Reed
EU disunity on US’s anti-Nord Stream 2 push (Politico)
“The European Commission doesn’t like the Nord Stream 2 gas pipeline. But it also doesn’t like the idea of the U.S. imposing sanctions to stop the Russia-backed project.” – by Anca Gurzu
Germany needs LNG terminals (Handelsblatt)
There’s significant evidence that increasing competition in the gas market would be both good for German consumers and the security of the LNG supply, two experts argue.