Currents - Energy Industry Insights, Volume 6, Issue 6

Ukraine Demands Germany Cut or Halt Nord Stream 1 Gas Flows -

"Ukraine is willing and able to provide an alternate transport route to the pipeline, which runs under the Baltic, he said."

Why this is important: The Nord Stream 1 twin pipeline system through the Baltic Sea runs from Vyborg, Russia to Lubmin, Germany. The two 1,224-kilometre offshore pipelines are the most direct connection between the vast gas reserves in Russia and energy markets in the European Union. Combined, the twin pipelines have the capacity to transport a combined total of 55 billion cubic metres of gas a year to the EU. Nord Stream 2 would have doubled that capacity, but Germany revoked a key certification after Russia’s invasion of Ukraine earlier this year.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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