Events / Presentations
The effects of constructing Nord Stream 2 on the European natural gas prices and competition22 of February, 2017 - Competition and Regulation conference, Budapest

Peter Kotek presented REKK's findings on the expansion of Nord Stream. Based on our modelling results, Nord Stream expansion and the subsequent rerouting of long-term contracts and modification of delivery points would crowd out spot gas and increase wholesale natural gas prices in the Central-Eastern European countries. Price effect induces additional investment need in the region.

The study is available at the website of the Hungarian Academy of Science (in Hungarian).