Nord Stream 2 Comes Just As European Gas Prices Reach 13-Year High

The sooner Nord Stream 2 is commissioned and launched, the better chance the Russia-led gas pipeline to Germany will have to balance surging gas prices in Europe, including on the spot market, Kremlin spokesman Dmitry Peskov said on Wednesday. “Obviously, the commissioning of Nord Stream 2 as soon as possible will substantially balance natural gas price parameters in Europe, including on the spot market,” Peskov told reporters in Moscow today, as carried by Russian news agency TASS. Europe’s current natural gas demand is huge,…