By all accounts, 2023 will be a year of endless debates about energy relations between the European Union and Russia. On this edition of "The IR thinker", I am curious about Russian LNG in Europe, is it a sign of hypocrisy in the European Union or a smart Russian business move?
I am joined by Andreas Schroeder, Head of Energy Analytics at ICIS – Independent Commodity Intelligence Services; a global company with 150 years of experience in delivering market intelligence. Andreas is a leading expert on LNG issues, and I highly recommend connecting with him on LinkedIn, where he posts tremendous sources of knowledge.
Chapters
00:00 Introduction
02:07 Russian LNG in Europe
04:45 Novatek and LNG transport to Europe
11:55 LNG politics and the European Union
18:14 EU gas storage, LNG supplies and terminals
23:33 Russia sells LNG to third countries
26:04 LNG gas contracts
29:45 LNG price components
38:43 LNG market and reforms in Europe
44:32 Recommendation for the European Union
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