Russia gas exports

US Election 2024

Trump Envoy’s Secret Russia Talks on Nord Stream Gas Pipeline Spark Outrage

Richard Grenell’s multiple trips to Switzerland involved discussions regarding restarting Russian gas exports to Germany through Nord Stream 2, potentially with US companies acting as intermediaries. Proposals included US control over gas flow and repurposing Nord Stream 1 for green hydrogen transport. German authorities deny knowledge of these meetings, contradicting Bild’s reporting which cites unnamed government sources. The Financial Times linked these negotiations to Matthias Warnig, a former Nord Stream 2 executive with past ties to Putin.

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John Q. Hosedrinker
Russo-Ukrainian War

Russia Cuts Off Gas Transit Through Ukraine

On New Year’s Day, Russia will cease gas exports to Europe via Ukrainian pipelines, ending a five-year transit agreement and marking a significant geopolitical shift. This halt, coupled with an impending cold snap, will severely test Europe’s gas reserves, already depleted faster than in previous winters. The price of gas is rising, and the situation could stress-test European markets, particularly as countries face reduced wind power and increased heating demand. While some countries, like Slovakia, pressure Ukraine to renegotiate, Ukraine refuses a deal benefiting Russia financially.

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John Q. Hosedrinker

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