Nord Stream 2

Nord Stream 2 which runs on the bed of the Baltic Sea from Russian to Germany was completed in September but is awaiting clearance from regulators in Germany and the EU. Russia Finland Sweden Denmark and Germany.

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The pipeline is owned by the Russian state-owned energy company Gazprom.

. The Nord Stream 2 Pipeline will transport natural gas into the European Union to enhance security of supply support climate goals and strengthen the internal energy market. And beyond that the Kremlins leverage over Europe and its energy market will increase once the twin pipeline is. The Nord Stream 2 Pipeline will provide this by transporting gas.

Because each country has its own unique set of conditions thorough preparation was key. Extensive seabed surveys defined the optimum route while detailed engineering and logistics plans enabled an around-the-clock construction. Nord Stream 2 lies alongside the Nord Stream 1 pipeline in operation since 2011.

Why Nord Stream 2 is the worlds most controversial energy project Critics say that the natural-gas pipeline will strengthen Russias hand in Europe and isolate Ukraine. To meet demand the EU needs reliable affordable and sustainable new gas supplies. The EUs domestic gas production is in rapid decline.

Nord Stream 2 consisting of 2 lines is expected to double the total capacity of the Nord Stream system from 55 billion cubic meters BCM to 110 BCM per year. About half the cost is reportedly financed by. Nord Stream 2 would run from Russia to Germany and on Thursday officials in Berlin said the project could face sanctions if Russia attacks.

Nord Stream 2 as its called has fueled worries in the US. Nord Stream 2 passes through the waters of five Baltic Sea nations.

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