“Europe’s Chances of Dodging Winter Gas Crunch Hang on Russia,

” Bloomberg writes in a piece based on industry analyst interviews. “Much is going to depend upon Nord Steam 2,” said Massimo Di-Odoardo, vice president of global gas at Wood Mackenzie Ltd, tells Bloomberg. “If Nord Stream 2 doesn’t come on stream and Russia continues not to book capacity through Ukraine, then clearly there might be a risk of price spikes. I doubt we will have blackouts, but certainly the winter looks quite tight at the moment.”