Baltic Sea region security of supply after Russia’s invasion on Ukraine: The past is just a prologue
By Anna Mikulska and Luke Min
This report attempts to reassess the levels of security supply in the Baltic Sea region in the light of the second Russian invasion on Ukraine and virtually complete exclusion of Russian gas volumes from the region’s market. As such we will consider the steps toward diversification of natural gas suppliers and increasing interconnectedness of the markets that have taken place before and after the Russian invasion. The latter have been particularly impressive and quick-progressing in Germany and include new floating storage and regasification units (FSRUs) that could bring nearly over 33 bcm of natural gas per year to German shores (Cedigaz 2022). But can it result in security of gas supply to Germany? Or the region?
Download the latest BSR Policy Briefing: BSR Policy Briefing 1_2023 (pdf) (1.5 MB)
