Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, April 5, 2014

Energy News Roundup: Shunning Russian Gas in Europe No Easy Task

Energy News Roundup: Shunning Russian Gas in Europe No Easy Task

By Jared Anderson
Merkel And Medvedev Inaugurate Nord Stream Gas Pipeline
The Ukraine crisis has reinvigorated European efforts to diversify its natural gas supply sources away from Russia amid reliability concerns, but numerous obstacles stand in that path. “Added to that, Europe is contractually obliged to continue taking delivery of Russian gas. Bernstein makes the point that Gazprom has about 120 bcm of take-or-pay contracts –

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