The smart money would be on NS2’s eventual completion and Russia’s continued domination of the European gas market. Navalny has survived, NS2’s defenders and lobbyists are in full swing. The Trump administration may have run out of sanctions options. The European Union has bigger problems to deal with. With the feeble demand for gas associated with COVID-19, Germany and Europe can take their time as Russia pulls out all stops in its defense of NS2.
NS2 will be completed. The only question is the duration of the delay.