Nord Stream 2
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The pipeline is owned by the Russian state-owned energy company Gazprom.
. The EUs domestic gas production is in rapid decline. Nord Stream 2 as its called has fueled worries in the US. To meet demand the EU needs reliable affordable and sustainable new gas supplies.
The Nord Stream 2 Pipeline will provide this by transporting gas. 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.
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. For more information please see our Privacy. Nord Stream 2 lies alongside the Nord Stream 1 pipeline in operation since 2011.
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