Russia Signals No Extra Gas For Europe Without German And EU Approval For Nord Stream 2

 

Bloomberg: Russia Signals Europe Won’t Get Extra Gas Without Nord Stream 2 

(Bloomberg) -- Russia is signaling that it won’t go out of its way to offer European consumers extra gas to ease the current energy crisis unless it gets something in return: regulatory approval to start shipments through the controversial Nord Stream 2 pipeline. 

In exchange for upping supplies, Russia wants to get German and European Union approval to begin using the pipeline to Europe, according to people close to state-run gas giant Gazprom and the Kremlin.

“We cannot ride to the rescue just to compensate for mistakes that we didn’t commit,” Konstantin Kosachyov, a top pro-Kremlin legislator in the upper house of parliament, said in an interview, without specifying what Russia is seeking. 

“We’re fulfilling all our contracts, all our obligations. Everything on top of that should be a subject for additional voluntary and mutually beneficial agreements.”  

Read more ....  

Update #1: Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2 (Zero Hedge)  

Update #2: Russia chooses not to raise natural gas supplies to Europe despite Putin’s pledge to help (CNBC)  

WNU Editor: Germany's Greens have their own conditions .... German Greens Want More Russian Gas, But No Nord Stream 2 (OilPrice.com). 

Bottom line. 

If this is a normal winter and Nord Stream 2 is not used, prices for natural gas in Europe will be going through the roof.