Nord Stream pipeline has fulfilled all nominations since 2012
Published by Lydia Woellwarth,
On 16 August 2019, Nord Stream AG reached another milestone in its reliable supply of natural gas to European Consumers. To this day, more than 300 billion m3 of natural gas have been safely delivered from Russia to the EU through the Baltic Sea.
Natural gas plays a key role in the future of Europe’s energy supply, supporting the role of renewables and the coal phase-out. Nord Stream constitutes a vital pillar of the secure energy supply to Europe.
Since start of operations of Line 1 in November 2011 and Line 2 in October 2012, Nord Stream has steadily increased the volume of transported gas year by year and reached the full pipeline capacity utilisation in 2018.
“By providing capacities for transporting natural gas to the EU, Nord Stream has proven to be a reliable part of European supply infrastructure and the European energy mix,” says Konstantin Baskov, Technical Director, Nord Stream AG. “In light of energy transitions all over Europe, Nord Stream plays an important role to increase the security of supply and support renewables.”
Read the article online at: https://www.worldpipelines.com/business-news/20082019/nord-stream-pipeline-has-fulfilled-all-nominations-since-2012/
You might also like
Record depths of liquidity across natural gas markets
Intercontinental Exchange, Inc. announces record levels of liquidity across its US natural gas markets as customers manage price risk.