Europe Can Feast on Cheap US Gas (and Roast Russia in the Process)

CEPA introduced a broad vision earlier this year for the integration of gas markets from the Baltic to the Black and Aegean Seas to build on radical changes that are now afoot in central and eastern Europe.  

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This vision is now starting to take shape.  

Numerous companies are exploring opportunities to sell gas shipped from the Baltic Sea to Ukraine or other neighbors.  

Others have worked to open new transmission corridors to allow access to new supply routes from the south.  

This trend is expected to gather momentum as US liquefied natural gas (LNG) producers and government representatives from both sides of the Atlantic meet in Athens on November 6 and 7.  

The goal is to thrash out several new supply deals with regional buyers in Greece, Poland, and Ukraine.  

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