Russia Resumes Gas Supply to Europe via Nord Stream
[Asia Economy Reporter Hwang Seoyul] Russia resumed the supply of European natural gas through the Nord Stream 1 pipeline on the 21st (local time). However, it is still uncertain when the transport volume, which had been reduced to 40% of the normal supply due to gas turbine repairs, will recover.
Earlier, the Russian state-owned energy company Gazprom announced that it would suspend gas supply through the Nord Stream 1 pipeline for ten days starting from the 11th due to annual maintenance and would resume it from this day.
The Nord Stream AG, the operator of the Nord Stream pipeline, reported that gas was flowing through the pipeline again on this day. According to Central European Time (CET), Nord Stream AG supplied 21,386,236 kWh of gas to Germany between 6 and 7 a.m., 29,289,682 kWh between 7 and 8 a.m., and 29,299,802 kWh between 8 and 9 a.m. through Nord Stream 1.
However, the gas volume is expected to fall short of the normal supply level. If gas is supplied at 30 million kWh per hour through the Nord Stream 1 pipeline, 700 GWh would be supplied daily, which corresponds to about 40% of the normal supply level before the annual maintenance.
Gazprom sent the pipeline turbine for repairs on the 16th of last month, but due to sanctions against Russia, it has not been returned, making normal operation difficult. As a result, the gas supply to Germany through Nord Stream 1 was reduced by nearly 60% compared to the previous supply volume.
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
The Nord Stream 1 pipeline runs from Russia through the Baltic Sea to Germany and is the most important pipeline supplying 40% of the gas volume heading to Europe.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.