Stratfor Center for Applied Geopolitics at RANE


Special Briefing Session Replay:

The Outlook for the Global Energy Market
European energy markets were roiled after several leaks were recently discovered on the Nord Stream 1 and Nord Stream 2 gas pipeline systems, possibly caused by Russian sabotage. The crisis has rendered Nord Stream 1, which suspended deliveries to Europe in late August, unusable for the foreseeable future. Some officials are concerned that it may be permanently damaged if it is not repaired quickly due to saltwater seeping into the pipeline.

With its natural gas exports to Europe now nearing zero, Moscow may start targeting the continent's maritime oil and gas industry via cyberattacks and physical strikes. Russia could further undermine Europe's energy security long after it cuts off gas supplies, if Moscow begins to more aggressively target the continent's maritime oil and gas industry.

Watch our panel discuss the likelihood of various scenarios and the implications for companies with interests in the region.

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