Russia, Germany and a consortium of Western European companies have re-activated the Gazprom-led Nord Stream Two gas pipeline project. Parallel to the existing Nord Stream One pipeline on the Baltic seabed, Nord Stream Two would double the system’s total capacity to 110 billion cubic meters (bcm) annually, all earmarked for direct delivery to Germany (see EDM, September 10, 14).
Nord Stream is billed as the world’s biggest natural gas transportation project, in terms of pipeline length and throughput capacities. Initially announced in 2011–2012 through non-binding agreements of intent (see EDM, March 20, 2012), Nord Stream Two had to be shelved for …read more
Source: The Jamestown Foundation