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    Platts: Gazprom's Yamal-2 pipeline plan -- where's the logic?

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Summary

Gaprom's plan for the Yamal-2 pipeline seems to contradict it's own assertions to focus less on supplying its traditional European market, instead looking east to new customers in China, Japan and South Korea.

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Platts: Gazprom's Yamal-2 pipeline plan -- where's the logic?

The decision by Russia's Gazprom in early April to revive the idea of a second line of the Yamal-Europe natural gas pipeline took some industry observers by surprise -- and it's not hard to see why.

According to Gazprom, the first line, which can already carry up to 33 billion cubic meters/year of Russian gas via Belarus and Poland to Germany, would be accompanied by a 15 Bcm/year capacity Yamal-2 pipeline up to the Belarus-Poland border, from where it would divide to carry gas to Slovakia and Hungary.

The decision seems surprising on a number of levels.  MORE

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