Curious how Russian gas and US tariffs could reshape global energy and economies?
Our new report examines major geopolitical risks to global gas markets, the uncertainty of future European supply, and the ripple effect of tariffs on prices in the US, Europe, and Asia due to LNG rerouting.
Key highlights from our analysis include the following:
- Resumption of Russian pipeline gas would cut European gas prices by 7% (2030–2060)
- Germany’s LNG demand could fall by 5–12 bcm/year with restored pipeline access
- Slovakia (-10%), Austria (-9%), and Czech Republic (-9%) would see the steepest gas price drops
- US tariffs would raise manufacturing gas demand by 2%, but net effect on prices is neutral
- Full tariff implementation could shrink the US economy by $500B by 2040
- Mexico (-4%) and Canada (-2%) face slower growth due to spillover impacts
- EU and others could benefit by replacing US imports from China under a redirected trade flow
If you would like to access the full report or would like to learn more about our Aurora offerings, get in touch with Sarah Hrovat.
