Gas Transit Development in Europe and Beyond: In an Era of Geopolitical Influence and Climate Change Pressures

摘要

With the background of the political and geopolitical factors that determine where energy players can operate plus the complications that the pandemic has brought to operations and the change in energy demand, the article considers how to tackle gas transit development. In addition, it looks the development in light of the impact of the climate change challenge that conventional energy companies and investors are faced with and the resulting diversification needs. Lender reluctance to finance ‘dirty’ energy projects is changing the dynamics for investment. Gas is still promoted by significant industry players and lenders but as governments move towards their clean energy goals, access to funding for any non-renewable projects is looking to become more limited.