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Russia Stops Gas Through Nordstream Tension In Europe? – Free PDF Download

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Nordstream

  • Nord Stream is a system of offshore natural gas pipelines from Russia to Germany.
  • It includes two lines running from Vyborg to Lubmin near Greifswald forming original Nord Stream and another under construction running from Ust-Luga to Lubmin termed Nord Stream 2.
  • Nord Stream 1 is owned and operated by Nord Stream AG, whose majority shareholder is the Russian state company Gazprom.
  • Nord Stream 2 is owned and will be operated by Nord Stream 2 AG, a wholly owned subsidiary of Gazprom.

Nordstream

Russia Stops Gas Through Nordstream Tension In Europe? – Free PDF Download_7.1

Nordstream 1

  • Nord Stream 1 is a 1,224 km underwater gas pipeline that runs from Vyborg in northwest Russia to Lubmin in northeastern Germany via the Baltic Sea.
  • It transports 55 billion cubic metres of gas a year, of which most goes directly to Germany, while the rest travels west and southwards through onshore links to other countries and into storage caverns.
  • During its inauguration in November 2011, the former German chancellor Angela Merkel said Nordstream which cost 7.4 billion euros, will pave the way for a “safe, sustainable partnership with Russia in the future”.

Nordstream 2?

  • Nordstream 2 was envisioned in 2015, the pipeline runs parallel to the existing Nord Stream 1 pipeline under the Baltic Sea.
  • It reaches Germany and aims to supply natural gas across the unified market of EU.
  • It is a joint project between Russian gas giant Gazprom and five European companies — ENGIE, OMV, Royal Dutch Shell, Uniper and Wintershall.
  • Both the sides are contributing half of the financing for NS2 which has a capacity of 55 bcm per year. (Doubles the overall Nordstream capacity).

Nordstream 2

Russia Stops Gas Through Nordstream Tension In Europe? – Free PDF Download_8.1

The Great Game

Russia Stops Gas Through Nordstream Tension In Europe? – Free PDF Download_9.1

The Great Game

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The Great Game

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The Great Game

  • The Nord Stream 1, Germany’s main source of gas from Russia, has been shut down on July 11 2022 for 10 days of scheduled maintenance work said the Gazprom statement.
  • Last month, Russia reduced the supply through Nord Stream 1 by 60%.
  • At that time, Russia had blamed the reduction of supplies on the delayed return of a turbine, which was being serviced by Germany’s Siemens Energy in Canada. (Stuck there due to sanctions..!!)

The Great Game

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The Great Game

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The Big Question

  • Will Nordstream1 restart after 10 days?

 Russia Stops Gas Through Nordstream Tension In Europe? – Free PDF Download_14.1

Dark Future

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