Nord Stream Pipeline

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    In Context

    The Nord Stream 1, Germany’s main source of gas from Russia, was shut down on July 11 for 10 days of scheduled maintenance work.

    • The Nord Stream 2 pipeline was suspended in February 2022, in response to the invasion of Ukraine.
      • The Nord Stream 1 continued to be used, whose flow of gas was slashed by 60% in mid-June by Moscow

    More In News

    • There are growing concerns in European countries that Russia would extend the temporary suspension of gas supplies in retaliation against the current sanctions leveled against Moscow.
    • As an alternative source for energy, European countries have increasingly turned towards the US, from whom they purchase liquified natural gas (LNG) that comes via ships. 

    About Nord Stream Pipeline

    • The Nord Stream twin pipeline system through the Baltic Sea runs from Vyborg, Russia to Lubmin near Greifswald, Germany.
      •  The pipelines were built and are operated by Nord Stream AG.
    • The Nord Stream route crosses the Exclusive Economic Zones of Russia, Finland, Sweden, Denmark and Germany, as well as the territorial waters of Russia, Denmark, and Germany.
      • Nord Stream 1, completed in 2011 (From Vyborg in Leningrad to Lubmin near Greifswald, Germany).
      • Nord Stream 2, completed in September 2021 (From Ust-Luga in Leningrad to Lubmin).

    Importance of the Pipeline

    • Germany is Russia’s biggest European gas consumer, and most of it comes through the Nord Stream Pipeline
      • Its share of Russian gas supplies was 55% in 2021, and currently lies at 35%
    • Sustainable Gas Supply to Europe: The pipeline provides Europe with a sustainable gas supply.
    •  Russia gets more direct access to the European gas market.
    • Investment and Employment: It  benefits the national governments and local authorities through investments and employment generated due to it. 

    Source:IE