×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Insight

What if Russian piped gas came back to Europe? A scenario analysis.

Get this report

$950

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

23 May 2023

What if Russian piped gas came back to Europe? A scenario analysis.

Report summary

Europe is at the point of no return concerning large-scale Russian piped gas imports. In our base case, we assume that only a handful of countries – Turkey, Serbia, Hungary – will continue importing Russian gas in the long term. But if the war were to end tomorrow, and a political agreement was going to be brokered to accommodate a return of Russian pipe imports to Europe, what would this mean for the gas market? In this report we discuss a hypothetical increase in Russian piped imports into Europe, their possible scale and routes and the implications for the global gas flows and prices.

Table of contents

    • Introduction
    • Key factors impacting a hypothetical return of volumes
    • Infrastructure
    • Availability of gas for export
    • Contracts
    • Potential volumes and their impact
    • Conclusion

Tables and charts

This report includes 5 images and tables including:

  • Russian piped flows into Europe – base case
  • Status of key infrastructure
  • Russia contracts to Europe (ACQ) vs forecast flows
  • Cycles of global gas prices - base case
  • LNG imports under the scenario

What's included

This report contains:

  • Document

    What if Russian piped gas came back to Europe? A scenario analysis.

    PDF 1.10 MB