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Nord Stream 1 Full Return Faces Delays

NATURAL GAS

It is looking unlikely that the Nord Stream 1 pipeline will fully restart this week after Kommersant reported that a turbine needed for full flow rates will not arrive in Russia until July 24.

  • Gazprom were running the Nord Stream 1 pipeline at 40% in the weeks leading up to planned maintenance July 11-21, claiming they required the turbine to be returned from repairs in Canada.
  • Canada signed a sanctions waiver and have delivered the turbine to Germany, who will then send the turbine to Russia.
  • Kommersant reports that if the turbine arrives by July 24, it will take a further 3-4 days to fit and will not be ready to pump gas until early-August.
  • Even when Russia receives the turbine, it is uncertain they will run the pipe at capacity or even return from maintenance which has prompted Europe to plan emergency measures in case of sustained cuts in Russian flows.
  • A lack of Nord Stream 1 gas flows saw German gas storage deplete slightly last week; at a point the country is desperately trying to fill it.
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