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Deal Pipelines in European Union
Deal pipelines in European Union
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FAQs online signature
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What is the major gas pipeline in Europe?
Trans-Anatolian gas pipeline (TANAP) through Turkey, Greece, Albania to Italy. It is connected with Trans Adriatic Pipeline. Trans Adriatic Pipeline, from (Azerbaijan), via Greece, Albania to Italy and further to Western Europe.
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Who built the Nord Stream 2 pipeline?
Nord Stream 2 was developed and is operated by Nord Stream 2 AG, a subsidiary of the Russian state energy company Gazprom headquartered in Zug, Switzerland.
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Who are the investors in Nord Stream 2 pipeline?
Gazprom invested more than half of the pipeline cost while the remaining was invested jointly by Engie, OMV, Royal Dutch Shell, Uniper and Wintershall.
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What is happening across Europe with the gas supply?
Overall, in 2023, Europe still imported 14.8% of its total gas supply from Russia, with 8.7% arriving via pipelines (25.1 billion cubic meters or bcm) and 6.1% as LNG (17.8 bcm). (For comparison, during the first quarter of 2021, 47% of Europe's total gas supply came from Russia, 43% via pipeline and 4% as LNG.)
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Who damaged Nord Stream 2 pipeline?
More than 16 months after the sabotage there is no accepted explanation. A series of reports has variously accused Russia, the United States and Ukraine of sabotage. Russian President Vladimir Putin and Russian officials have accused the US of staging the explosions, which they have described as a terror attack.
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Who is responsible for the Nord Stream pipeline?
Nord Stream 1 (NS1) and Nord Stream 2 (NS2), each consisting of two pipes, were built by Russia's state-controlled Gazprom (GAZP.MM) , opens new tab to pump 110 billion cubic metres (bcm) of natural gas a year across the Baltic Sea to Germany.
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Who is supplying Europe with natural gas?
Top gas suppliers in 2023 Norway and the United States were the top suppliers of gas in 2023. Norway provided almost 30% of all gas imports. Additional suppliers include North African countries, the UK and Qatar.
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Who is the owner of Nord Stream pipeline?
Both pipelines start in Russia and land in Lubmin, Germany. NordStream is owned by a consortium of 5 energy companies: Gazprom international projects North 1 LLC (Gazprom Group company), Wintershall Dea AG, PEG Infrastruktur AG (E. ON), N.V. Nederlandse Gasunie and ENGIE.
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Denmark Poland and Sweden say they believe leaks in two major Russian gas pipelines to Europe are the result of sabotage nordstream 1 and 2 which carry supplies onto the Baltic Sea aren't currently operational but do still contain gas seismologists reported underwater blasts before the leaks emerged and Ukraine has accused Russia of causing the Lake's authorities in Denmark have said it will be one or two weeks before the nordstream leaks can be inspected well for more in this story let's bring in Mike fulwood who is a senior research fellow at the Oxford Institute for energy studies thank you very much for joining us today so an accidental leak or leaks or sabotage your thoughts um it's probably most likely some form of sabotage if there was one incident of a pipeline rupture or leak then accidental damage could be a possibility it is very rare because the the most likely cause accidental damages is a pipeline so sorry it is a anchor being dropped drugging across the pipeline that that's happened but to have um three leaks within the 17-hour period doesn't sound like it could be accidental although theoretically it could be so probably some form of sabotage is more likely at this stage and how quickly do you think it will be possible to inspect the pipeline and when that happens will it be pretty obvious um whether or not it's it's sabotage um yeah I mean yeah I heard you say every one or two weeks before they can inspect it I imagine they're concerned about the the the natural gas and methane still leaking out of the pipe but um it is not not a particularly deep area the deep sea that area seems to be maximum depth 100 meters um but it seems to be less than that so maybe 50 60 meters depth which is Imagine is is relatively easily uh inspectable so um depending on when they choose to do so I I imagine you'd be able to see sort of what has happened how big the hole or how the pilot has probably broken apart I would imagine um even if an anchor was jumped across it would probably break the pylon apart so but you should simply see some evidence of what actually happened to the three sections of part one which have been ruptured now as we mentioned in the introduction um the pipeline isn't operational at the moment of the pipelines it's not affecting the gas flow therefore um what do you think the motivation for this could be if it is indeed sabotage as many governments believe yeah and I'm kind of stretching my head a little bit on the motivation I mean the there's obviously been accusations that Russia have done it um it seemed a little bit odd but they would damage their own pipeline when gas wasn't flowing through it unless it's the sort of send a message that uh you know be careful of your own pipelines this is what we can do to our own and I think the kremlin's accused Britain of doing it for some reason or the west of doing it to sort of send a false flag at uh the the Russia's doing it it does seem a little bit bizarre for Russia to do that unless it is sort of a sort of precursor to um you know eventually they'll make shut off the uh the flows through Ukraine there is a dispute between gasparent the Russian gas company and after gas Ukraine the Ukrainian company on the on Ukraine calling a Force Major and one of the Portland legs through Ukraine and that's going to sort of arbitration but the there's a threat that the Russia will sanction the Ukrainian company which means gas flows would then stop so it could be uh just just something else as a distraction before uh flows like a tail properly on the Ukraine pipeline okay Mike thank you Mike fullwood Senior research fellow at the Oxford Institute for energy studies
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