What is the “Nordstream 2” and where does it go?

What is the “Nordstream 2” and where does it go?

Germany's Chancellor, Olaf Scholz, has indicated he has banned operations in the “Nordstream 2” following Russia's actions in Ukraine. What is the “Norm Stream 2”, which is being talked about so much in the last few days? Nord Stream 2 is a 1,200-mile long tube under the Baltic Sea, which will [...]

What is the “Norm Stream 2”, which is being talked about so much in the last few days?

Nord Stream 2 is a 1,200-mile-long tube under the Baltic Sea, which will carry gas from the Russian coast near St Petersburg in Ljubljana, Germany.

It cost 10 billion euros and was completed last September. Russian state energy giant Gazprom paid half the cost, and Western energy firms such as Shell and ENGIE of France are paying the rest.

Nord Stream 2 runs parallel to an existing Nord Stream gas pipeline, which has been operating since 2011, the BBC writes, records Periscopi.

Together, these two pipelines can send 110 billion cubic metres of gas to Europe annually. This is over a quarter of all gas that European Union countries use annually.

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