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Nord Stream Transported 200 Billion Cubic Metres of Natural Gas to European Consumers

Source: www.gulfoilandgas.com 11/30/2017, Location: Asia

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Nord Stream AG celebrates reaching another milestone in its reliable supply of natural gas. In November 2011, the first line started operations. Line 2 followed suit in October 2012. To date, Nord Stream has delivered a total volume of 200 billion cubic metres (bcm) of natural gas from Russia to the European Union. The state-of-the-art twin offshore pipeline through the Baltic Sea has the designed capacity to transport 55 bcm per year.

The pipelines’ utilised capacity has increased year after year: From 35.5 bcm delivered in 2014 (65 per cent of annual capacity) to 39.1 bcm in 2015 (71%), and 43.8 bcm in 2016 (80%). For 2017, Nord Stream expects to reach an average capacity utilisation of 92 per cent. The pipeline system has continually delivered the full volume of natural gas as nominated for transport by the shipper, without any unplanned interruption of supply.

“Nord Stream has established itself as a key part of European supply infrastructure,” says Mario Nullmeier, Compliance Director Nord Stream AG. “With the decreasing domestic production of natural gas in Europe accompanied by continued high demand, our safe, reliable and efficient transport of natural gas has increased the security of supply. We will be able to further increase the volumes transported to deliver 55 billion cubic metres of natural gas to European consumers.”

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