Chi Kong Chyong, director of the Energy Policy Forum at Cambridge Judge Business School, and David Reiner, Senior Lecturer in Technology Policy at Cambridge Judge, discuss the expansion of Gazprom’s Nord Stream gas pipeline. “Gazprom is in dire need of direct access to trading hubs in north-western Europe, as its old business model – ‘from wellhead to burner tip’ – is no longer fit for purpose and is detrimental to its market position in Europe” say David and Chi Kong.
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