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
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






