Russia resumes Nord Stream natural-gas supply to Europe
Tags: International News
Russia has started sending natural gas to Europe via the Nord Stream pipeline system after a pause, bringing relief to Europe, whose economy is wobbly under pressure from short supplies.
Important facts
Germany, which is heavily dependent on Russia’s gas, had feared that Moscow would not reopen the pipeline after the scheduled work.
Germany believes Russia is reducing supplies in retaliation for Western sanctions on the Ukraine war.
Nord Stream Pipeline
Nord Stream has two pipelines, each containing two lines.
Nord Stream 1
It was completed in 2011 and runs from Vyborg in Leningrad (Russia) to Lubmin near Greifswald, Germany.
Nord Stream 2
In 2015, Russian energy major Gazprom and five other European firms decided to form Nord Stream 2.
It runs from Ust-Luga in Russia to Greifswald in Germany through the Baltic Sea and was completed in September 2021.
It will carry 55 billion cubic metres of gas every year.
Nord Stream 1 and 2 together will supply an aggregate of 110 billion cubic metres of gas to Germany per year.
The pipeline falls in the territory of EU members Germany and Denmark.
In December 2019, work on the project was suspended due to the threat of US sanctions.
In January 2021, the US sanctioned a Russian ship carrying out pipe laying work for the project.
An agreement was reached between the US and Germany on the Nord Stream 2 pipeline.
Top 5 Natural Gas producing Countries
United States - 914.6 billion Cubic Meters
Russia - 638.5 billion Cubic Meters
Iran - 250.8 billion Cubic Meters
China - 194 billion Cubic Meters
Qatar 171.3 billion Cubic Meters
Top 5 Countries that Consume the Most Natural Gas
United States
Russia
China
Iran
Canada
Top 5 Countries with the Largest Natural Gas Reserves
Russia
Iran
Qatar
Turkmenistan
United States
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