OGZPY - Gazprom Set To Benefit From EU Climate Plans Contrary To Expectations

• With the multiple pipeline sagas that dominated the news about Gazprom in the past half-decade now nearing resolution and completion, a new perceived threat is emerging to demand, namely environmentalism.
• The EU climate plan, meant to reduce emissions by 31% from current levels is perceived as being a negative for Gazprom.
• Looking at past history and recent realities, it is more than likely that Europe's natural gas appetite will increase significantly this decade as it will displace, nuclear, coal, and oil.

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