Russian Nat Gas to Germany Doubles Through Nord Stream….Berlin Meeting Seeks 100% Capacity Access

Posted: May 12, 2015 in Econ 101, Free Trade, Technology and Energy

SEE ALSO:  Gazprom to Claim 100% of Germany’s OPAL Gas Pipeline Capacities


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Russian Nord Stream gas to Germany doubles to 100 mil cu m/day

London (Platts)–9/Mar/2015

By Alex Froley

Russian gas flows through the Baltic Sea Nord Stream pipeline to Germany have doubled in recent days to rates around 100 million cu m/day, according to latest flow data from German system operators.

The increase comes at the same time as a similar change has been observed in Russian gas flows through Ukraine to Slovakia.

Latest hourly physical flow data from German grid operators NEL Gastransport and OPAL Gastransport show Germany receiving gas at rates around 100 million cu m/day at Greifswald, the landing point for Nord Stream gas on Germany’s northeast coastline.

Hourly rates have been recorded over 90 million cu m/day since last Friday.

Before the increase at the end of last week, flow rates had been averaging at a fairly constant rate of around 48 million cu m/day since mid-January.

The increase puts flows back in line with where they were at the start of January.

SOURCE: http://www.platts.com/latest-news/natural-gas/london/russian-nord-stream-gas-to-germany-doubles-to-26033584

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Russian natural gas supply to European consumers

06/05/2015

Berlin hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the Board of Executive Directors of Wintershall Holding.

The meeting addressed the issue of Russian natural gas supply to European consumers. It was noted that direct gas transmission routes, particularly, Nord Stream played a key role in increasing the reliability of the blue fuel export supplies. In this regard the parties stressed the importance of obtaining full access to the OPAL gas pipeline transit capacities.

Background

Nord Stream is a two-string 1224 km export gas pipeline with the annual capacity of 55 billion m3 of gas running under the Baltic Sea from Russia to Germany. Nord Stream is operated by the Nord Stream joint venture (Gazprom owns a 51% stake, Wintershall Holding and E.ON Global Commodities – 15.5% each, Gasunie and GDF Suez – 9% each).

The OPAL and NEL gas pipelines connect Nord Stream with the European gas system. The OPAL gas pipeline is operated by OPAL Gastransport (Gazprom owns a 49.98% stake and Wintershall Holding – 50.02%).

A wholly-owned subsidiary of BASF, Wintershall Holding has been focused on oil and gas exploration and production for over 80 years.

SOURCE: http://www.energyglobal.com/pipelines/business-news/06052015/Russian-natural-gas-supply-to-European-consumers/

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