Publication date: June 27, 2024
Russia's Discounted Gas Floods European Markets

Russia's Discounted Gas Floods European Markets

Russia's move to introduce discounted gas to European markets aims to solidify its energy supply dominance, especially in Central and Eastern Europe.

Gas

Russia has undertaken a substantial strategy of flooding European markets with discounted gas to maintain its grip on energy supply in the region. The Center for European Policy Analysis noted markdowns of at least 10%, particularly in Central and Eastern Europe, heightening the competition and geopolitical implications in the energy sector.