2min chapter

Columbia Energy Exchange cover image

An Update on Europe’s Energy Crisis

Columbia Energy Exchange

CHAPTER

Putin's Thinking About Cutting Off Most Gas Supply and Weaponizing Europe's Dependency on Russian Gas

Putin thought cutting off most gas supply and weaponizing Europe's dependence on Russian gas was a tactical strategic move that would force Europe to extend with sanctions. What Ansefice said is we may face a bumpy two or three years, there's a lot more LNG supply coming in 2025. We'll see what the next couple of years are like and there are periods of maybe price spikes depending on weather and some other factors. But Europe can do without most Russian gas and that is situation is going to continue.

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