Note4Students
From UPSC perspective, the following things are important :
Prelims level: Nord Stream Pipelines
Mains level: Not Much
An American investigative journalist has claimed that the September 2022 bombing of the undersea Nord Stream gas pipelines was carried out by the US Central Intelligence Agency (CIA).
What is Nord Stream Pipeline?
(1) Nord Stream 1:
- Nord Stream 1 is the biggest pipeline transporting natural gas between Russia and Europe via Germany.
- It is a system of offshore natural gas pipelines running under the Baltic Sea from Russia to Germany.
- Nord Stream 1 is a 1,224 km underwater gas pipeline that runs from Vyborg in northwest Russia to Lubmin in northeastern Germany via the Baltic Sea.
(2) Nord Stream 2:
- Russian threats to choke this gas supply to Europe present an economic threat to Germany.
- To expand options and double the supply from Russia, Germany decided to build Nord Stream 2.
- The construction of the $11 billion-worth Nord Stream 2 was completed in 2021 but never began commercial operations.
Why the Nord Stream pipeline is so much in news?
- For Germany: Energy prices in Germany, Europe’s largest economy, are among the lowest in the continent because of the cheap gas supplies via Nord Stream 1. This also makes German manufactured goods more competitive in the international market.
- For European Union: In 2021, Russia supplied nearly 40 per cent of the EU’s natural gas needs through this pipeline. The flows through Nord Stream play a vital role in filling up the national storage tanks of EU. It is crucial to provide the required heating in the upcoming winter.
- For Russia: Russia is using the supplies via the crucial pipeline as a bargain to navigate its economy through sanctions from the western countries.
What is the current status of Nord Stream Pipeline?
- Nord stream pipeline is the largest single supply route for Russian gas to Europe. The Russian state owned gas company Gazprom has a majority ownership in the pipeline.
- While it was running at just 20% of its capacity since the Russia-Ukraine conflict began, the company, in early September fully cut gas flows from the pipeline on the pretext of maintenance.
- According to Bloomberg, while 40% of Europe’s pipeline gas came from Russia before Russia Ukraine the war, the number now stands at just 9%.
- Even though both pipelines were not running commercially, they had millions of cubic metres of gas stored in them.
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