Among the 27 EU countries, Germany has the highest natural gas demand, accounting for 24% of the EU's imports. As Germany has recently made a large push for carbon reduction policies and announced that it will completely abolish nuclear power plants by 2023, its reliance on natural gas is bound to increase significantly. Due to the improvement of shale oil extraction technology, the United States no longer relies on imported energy after 2017, and the production of liquefied natural gas is also oversupplied (currently there are natural gas pipelines to Mexico and Canada).
Profitable, it is better to avoid telemarketing list Europe's over-reliance on Russia's energy. arrow_forward_iosunderstand more Powered by GliaStudio However, due to the reality of geographical location, the US natural gas that needs to be transported by oil tankers has never been able to compete with Russia's submarine natural gas pipelines. All were highly opposed, and at the end of last year (2019), they also experienced the first wave of sanctions imposed by the United States (at that time, the construction of the Nord Stream No. 2 pipeline was 94% completed), which led to the withdrawal of the Swiss-Dutch company Allseas from the plan.
But now the completion date of Beixi No. 2 pipeline is imminent, which also means that the gas transmission volume of Russia to Germany will soon double, not only can make more money, bypass Ukraine and go directly The Beixi No. 2 pipeline of the sea line can also reduce the "tolls" paid to Ukraine for a long time. However, the controversy of this pipeline is not limited to the trade dependence and income in the market, and the geopolitical impact it brings is only The US and the EU are most concerned. What the United States and many.