March 2021, Vol. 248, No. 3


Balkans Gas Developments Still Face Structural Woes

By Nicholas Newman, Contributing Editor  The gas market in Southeast Europe, better known as the Balkans, is weighed down by several longstanding difficulties.   Construction of the Trans Adriatic Pipeline in northern Greece The region bounded by Bulgaria to the north, Croatia to the northwest and Turkey to the southeast currently suffers from disconnected markets, owing to the lack of an integrated cross-border gas pipeline network, a heavy dependence on Russian gas and insufficient storage capacity.   And in the future, the region will have to meet challenging European greenhouse gas emission targets.   Nevertheless, these structural gas-sec

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