This is an interesting press release from Gazprom and well worth a read. Check it out!
From a strategic supply perspective, I can see many European countries, especially Germany and Turkey increasingly dependent upon Gazprom and possibly susceptible to political intervention from the Russian government.
Surely, strategic procurement best practice would recommend having an alternative supplier as well? In this regard, Cyprus potentially fits the bill admirably, with likely capacity to meet up to 40% of Europe’s supply in the decades ahead.
Surely, it is about time that Germany and the EU started to view Cyprus strategically?