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Pipelines
The Soviet-era Urengoy-Pomary-Uzhgorod pipeline brings gas from Siberia via the town of Sudzha – now under the control of Ukrainian soldiers – in Russia’s Kursk region. It then flows through Ukraine to Slovakia. In Slovakia, the gas pipeline splits into branches going to the Czech Republic and Austria.1)
Most other Russian gas routes to Europe are shut, including Yamal-Europe via Belarus and Nord Stream under the Baltic that was blown up in 2022.2)
The only other operational Russian gas pipeline routes to Europe are the Blue Stream and TurkStream to Turkey under the Black Sea. Turkey sends some Russian gas volumes onward to Europe including to Hungary.3)
Many US pipeline operators are structured as Master Limited Partnerships (MLPs). This structure exempts them from US federal income taxes but requires payout on the majority of operating income to shareholders. 1)
To some extent, the East-West crude pipeline (Abqaiq-Yanbu) across the Arabian Peninsula and the Abu Dhabi Crude Oil pipeline are alternatives for Saudi Arabia and the United Arab Emirates. The former, however, leads into the already circumvented Red Sea.4)
Russian Pipelines
2024/09/13 18:56 | Maurice Pointner |