Discounted Russian gas is hitting European markets, the Center for European Policy Analysis said.
AdvertisementRussia has unleashed discounted gas onto European markets, working to keep countries hooked on its energy supply, the Center for European Policy Analysis said.
Although the Ukrainian route has continued supplying Western markets through the war, its January expiration would likely be enough to risk a Gazprom bankruptcy.
Slovakia, Hungary, and Austria are among examples CEPA cited as customers for Russian gas.
AdvertisementAlready, Southern European traders are profiting by buying cheap Russian gas pumped through a Turkish pipeline and then selling it at a premium in Western European markets, she suggested.
Persons:
—, It's, Aura Sabadus, CEPA, Sabadus
Organizations:
Center for, Kremlin, Service, Ukraine —, Moscow, Gazprom
Locations:
Ukraine, Russia, Ukrainian, Eastern, Slovakia, Hungary, Austria, Gazprom's, Southern, Turkish, Poland