Ukraine is back in the picture as a transit state and Gazprom is focusing on Southeastern Europe following Russian President Vladimir Putin’s announcement that the South Stream pipeline will be shelved.
South Stream is dead, but Russia could yet carry out the project’s aims of increasing the gas supply to southeast Europe, through another planned pipeline that will use Turkey as a conduit.
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The United States can cope with exporting 340 MMcm/d of LNG, according to a new report from the Energy Information Administration.
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