Natural Gas Reverse Flows in the Danube Strategy Region
This study focuses on natural gas trading in the Danube Region with the special attention to infrastructure development. Bi-directional gas interconnectors seem to play a substantial role in enhancing liquid trading strengthening security of supply at the individual national markets. Nearly a decade after the 2006 crisis, which triggered a wave of investment in new infrastructure, it is now a good time to look at the ways it has been implemented, what changes it has introduced, and how it fits into the game-changing events of the past few years such as shale gas development and falling prices at natural gas exchanges in the Western Europe. The study features a detailed list of all Danube Region interconnectors that were in place, in construction or planned up to November 2014.