After the third and fourth branches of the Nord Stream-2 gas pipeline on the Baltic seabed are put into operation, the Russian gas group Gazprom will shut off the Ukrainian gas transportation network from the transit system. Meanwhile, Gazprom has signed an agreement with German, French, Anglo-Dutch and Austrian firms to build Nord Stream-2.
Currently, the Czech Republic is importing Russian natural gas from Nord Stream-1 via Gazela and OPAL pipelines.
Readers of The Ukrainian Times know that Gazprom controls 15% of the world’s known natural-gas reserves. The Russian group is going to be passing along gas for a long, long time. Like a coiled spring, Gazprom stocks are cheap to start with. Not having any idea of what would happen, some investors think the cheap bird in their hand is a better bet than the expensive birds somewhere in the future bush.
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