Nord Stream 2 will bring additional gas to Europe and, hence, increase competition among gas sources in the EU. A new study by ewi Energy Research & Scenarios (ewi ER&S) shows that less LNG needs to be imported in the EU if Nord Stream 2 is available. This leads to lower import prices for LNG.
As LNG is the marginal source of supply in the EU, this decreases gas prices in the EU. According to the study, all EU countries benefit from Nord Stream 2’s impact on LNG prices, including central and southeastern Europe, in varying scenarios of global LNG demand.
