"5.6 billion cubic meters of gas may be supplied": Gazprom plans to launch Nord Stream 2 by the end of 2021

The Russian state corporation Gazprom confirmed that they expect the launch of the Nord Stream 2 gas pipeline by the end of 2021.

“The Nord Stream 2 gas pipeline may supply 5.6 billion cubic meters this year.

m of gas, ”the company said in its Telegram channel.

Against the background of this information, it became known that the price of a futures for September delivery according to the Dutch TTF index, the most liquid European hub, on the London ICE exchange fell to € 39.09 per MWh.

At present, the price per day has decreased by 6.8%.

Back in February, the media reported that the commissioning of the Nord Stream 2 AG project should take place in 2021 with reference to the presentation made by Vladimir Vavilov, Deputy Head of the Department of Import Substitution Technologies of Gazprom PJSC.

As Vladimir Dzhabarov, first deputy head of the international committee of the Federation Council, said in a conversation with RT, he sees no obstacles to the launch of Nord Stream 2 on time, which was determined by the leadership of Gazprom.

“Because the question of the sanctions that the Americans were threatening was even removed.

I think, given that Europe is in dire need of increased gas supplies, the launch of the SP-2 will be of great help.

All gas storages in Europe are 25-30% full, and must be at least 80%.

There are no real sources of gas supplies to Europe, except Russia, so the Europeans will try to ensure that everything is launched as early as possible, ”the senator explained.

In turn, Dmitry Marinchenko, senior director of the group for natural resources and commodities of the international rating agency Fitch, suggested that the pipeline will be launched in October.

“If we assume that in December the pipeline will start loading at 70% of its design capacity, and its filling with gas will occur gradually, Gazprom probably proceeds from the assumption that full-fledged supplies can begin around October,” TASS quotes him.

Gazprom currently expects to use only one line of Nord Stream 2 in 2021, which will pump about 78 million cubic meters per day, the Kommersant newspaper writes.

The publication also indicated that the operation of the gas pipeline should begin no later than mid-October in order to achieve the volume designated by the company of 5.6 billion cubic meters.

Meanwhile, Nord Stream 2 AG did not confirm media reports that the construction of SP-2 will be completed on 23 August.

"We cannot confirm the speculation launched by several media outlets regarding the dates, as well as the misinterpretation regarding the completion of the pipe-laying and construction of the entire pipeline," the company said in a written response, quoted by TASS.

It is noted that the pipeline is more than 99% complete: "We will inform about the completion of the pipe-laying in due time."

In July, the executive director of Nord Stream 2 AG, Matthias Warnig, in an interview with the German newspaper Handelsblatt, said that construction work within the framework of the Nord Stream 2 project could be completed “at the end of August”.

At the same time, the company has a goal to put the pipeline into operation "this year".

Also on russian.rt.com "US sanctions are not omnipotent": Nord Stream 2 announced that Nord Stream 2 was 99% ready

On August 13, Steffen Kotrets, the official representative of the Alternative for Germany (AfD) party in the Bundestag Committee on Economics and Energy, also expressed hope that the commissioning of the trans-Baltic gas pipeline will take place in 2021.

Nord Stream 2 is the most important component of reliable natural gas supplies to Germany and Europe in general ... We expect that the gas pipeline will be put into operation immediately after construction is completed, in any case by the end of this year, the newspaper quoted him as saying. News".

On August 17, Russian Foreign Minister Sergei Lavrov during a meeting with the faculty and students of the V.I.

Immanuel Kant said that the construction of the pipeline is almost complete.

“If we take the companies that are implementing this project, which initiated and financed it, built almost to the last mile, then there were never any questions,” he said.

Nord Stream 2 consists of two gas pipeline strings with a length of over 1200 km each and a total capacity of 55 billion cubic meters.

m per year.

The pipes pass through the exclusive economic zones and territorial waters of Russia, Denmark, Finland, Sweden and Germany.

On July 21, Germany and the United States announced a Nord Stream 2 deal.

According to the agreement, Washington acknowledged that the sanctions would not stop the implementation of the project, and Berlin pledged to seek the extension of the transit of Russian gas through the territory of Ukraine after 2024, when the current transit agreement ends.

Later, US Secretary of State Anthony Blinken announced the appointment of Amos Hochstein to the post of senior adviser to the State Department on energy security - he will deal with "risk reduction" due to the SP-2 gas pipeline.

“First of all, in his work, he will focus on the implementation of measures to reduce risks from the Nord Stream 2 gas pipeline, in accordance with the joint statement of the United States and Germany on July 21 on support for Ukraine, European energy security and common goals for climate protection”, - said Blinken.

Commenting on the incident, the official representative of the Russian Foreign Ministry, Maria Zakharova, explained that the Russian side would proceed from the "practical steps of the American side."