Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Helen Robertson
19 May 2011
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

First Nord Stream pipeline complete

Russia’s first direct gas link to the EU is in place, promising to meet around 10% of the bloc’s gas demand from next year

Nord Stream has finished laying the first of two pipelines that will carry 55 billion cubic metres a year (cm/y) of Russian natural gas to Europe. The company claims the link, from Russia direct to Germany across the Baltic Sea, could ensure Europe’s energy security for “at least 50 years”. The final segment of the first section of pipeline was laid on 4 May and Nord Stream expects it to be in commercial operation by October this year. “At a time when recent world events have led to increased concern about nuclear power and energy imports from North Africa, this infrastructure project takes on more importance for both Europe and Russia,” Matthias Warnig, Nord Stream’s managing director said.

Also in this section
Colombia races to shore up gas supply
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist 
European gas: From bad to much worse
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Trump’s gasoline price pledge paradox
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
Explainer: Fujairah on high alert
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search