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With the opening of the “North Stream†natural gas pipeline, Russia and the European Union have rewritten the history of gas transmission through third countries over the past decades. "Financial Times" published an article saying that the newly opened "North Stream" pipeline can partially meet the growing natural gas demand in Europe. The more important political significance is that the opening of the pipeline has opened up a new phase of energy cooperation between the EU and Russia, which will have a profound impact on the geopolitical landscape.
Russia’s “North Stream†pipeline, which supplies gas directly to Germany through the Baltic Sea, was formally opened on the 8th. This is the first natural gas pipeline that runs directly between Siberia and Western European countries. German Chancellor Angela Merkel, Russian President Dmitry Medvedev, French Prime Minister Fijian and Dutch Prime Minister Rutte attended the opening ceremony held in the northern city of Lubim in Germany.
Merkel said at the ceremony that the “North Stream†pipeline will close the European and Russia’s secure and sustainable partnership and make important contributions to stabilizing the European energy supply. Medvedev said that the opening of the "North Creek" pipeline is the first step in the development of a new partnership between Russia and the EU, providing European customers with a stable energy supply and consolidating energy security in the region.
Natural gas from Russia accounts for about 1/3 of total gas consumption in Germany. As Germany decided to abandon nuclear energy, the demand for traditional energy sources will increase further. Experts predict that Germany will need to import at least 16 billion cubic meters of natural gas each year to make up for the gap caused by the withdrawal of nuclear power. The opening of the "North Stream" pipeline will undoubtedly provide sufficient space for Germany's energy transition. Therefore, Germany is a staunch promoter and major beneficiary of the "North Stream" project in EU countries. The German media pointed out that because the “North Stream†pipeline directly connects Russia and Germany, Western European countries will be protected from political changes such as Ukraine and Belarus or their economic disputes with Russia.
With this pipeline, Russia has reduced its reliance on gas-transporting countries such as Ukraine and Poland and is ready to expand its energy exports to Europe. According to data released by Fitch, an international rating agency, the opening of “North Stream†may have a negative impact on Ukrainian oil and gas companies, and its profits will drop by about 20%. The Ukrainian experts concerned pointed out that Ukraine will reduce its annual revenue by 700 million U.S. dollars.
In recent years, Russia and neighboring countries have continued to suffer from the issue of “natural gas transit feesâ€, resulting in frequent “repeations†by EU countries including Germany. This has not only severely affected energy supply, but has also adversely affected the political trust between the EU and Russia. The influence has once become the "illness" in European-Russian relations. Merkel said that the operation of “North Stream†has important strategic significance and “provides a model†for future cooperation between the EU and Russia and will strengthen the reliable and lasting partnership established by the EU and Russia over the years.
Analysts believe that the “North Stream†project is a commercial project invested by multinational companies such as Russia, Germany, France, etc., but because it involves key energy fields, it has a clear political color. The “North Stream†project There are far-reaching strategic and geopolitical considerations behind it. Although Western media have constantly warned that Russia may use the “North Stream Valves†to exert pressure on the EU, causing the EU to become “under-inflated†on some international controversial issues, the German Foreign Relations Committee stated in a report that the EU is about 26 % of natural gas is imported from Russia. For Russia, 80% of its natural gas exports each year have to rely on the European market. For this reason, both parties must continue to strengthen strategic interdependence and mutual trust.
The “North Stream†pipeline has a total length of 1200 kilometers, starting from Vyborg in Russia in the east and to Lubmin in Germany. The annual supply volume of the first branch line is 27.5 billion cubic meters. After the second branch line is opened at the end of next year, the gas supply capacity will reach 55 billion cubic meters, which can meet the gas demand of 2.6 million European families.
Russia’s “North Stream†pipeline, which supplies gas directly to Germany through the Baltic Sea, was formally opened on the 8th. This is the first natural gas pipeline that runs directly between Siberia and Western European countries. German Chancellor Angela Merkel, Russian President Dmitry Medvedev, French Prime Minister Fijian and Dutch Prime Minister Rutte attended the opening ceremony held in the northern city of Lubim in Germany.
Merkel said at the ceremony that the “North Stream†pipeline will close the European and Russia’s secure and sustainable partnership and make important contributions to stabilizing the European energy supply. Medvedev said that the opening of the "North Creek" pipeline is the first step in the development of a new partnership between Russia and the EU, providing European customers with a stable energy supply and consolidating energy security in the region.
Natural gas from Russia accounts for about 1/3 of total gas consumption in Germany. As Germany decided to abandon nuclear energy, the demand for traditional energy sources will increase further. Experts predict that Germany will need to import at least 16 billion cubic meters of natural gas each year to make up for the gap caused by the withdrawal of nuclear power. The opening of the "North Stream" pipeline will undoubtedly provide sufficient space for Germany's energy transition. Therefore, Germany is a staunch promoter and major beneficiary of the "North Stream" project in EU countries. The German media pointed out that because the “North Stream†pipeline directly connects Russia and Germany, Western European countries will be protected from political changes such as Ukraine and Belarus or their economic disputes with Russia.
With this pipeline, Russia has reduced its reliance on gas-transporting countries such as Ukraine and Poland and is ready to expand its energy exports to Europe. According to data released by Fitch, an international rating agency, the opening of “North Stream†may have a negative impact on Ukrainian oil and gas companies, and its profits will drop by about 20%. The Ukrainian experts concerned pointed out that Ukraine will reduce its annual revenue by 700 million U.S. dollars.
In recent years, Russia and neighboring countries have continued to suffer from the issue of “natural gas transit feesâ€, resulting in frequent “repeations†by EU countries including Germany. This has not only severely affected energy supply, but has also adversely affected the political trust between the EU and Russia. The influence has once become the "illness" in European-Russian relations. Merkel said that the operation of “North Stream†has important strategic significance and “provides a model†for future cooperation between the EU and Russia and will strengthen the reliable and lasting partnership established by the EU and Russia over the years.
Analysts believe that the “North Stream†project is a commercial project invested by multinational companies such as Russia, Germany, France, etc., but because it involves key energy fields, it has a clear political color. The “North Stream†project There are far-reaching strategic and geopolitical considerations behind it. Although Western media have constantly warned that Russia may use the “North Stream Valves†to exert pressure on the EU, causing the EU to become “under-inflated†on some international controversial issues, the German Foreign Relations Committee stated in a report that the EU is about 26 % of natural gas is imported from Russia. For Russia, 80% of its natural gas exports each year have to rely on the European market. For this reason, both parties must continue to strengthen strategic interdependence and mutual trust.
The “North Stream†pipeline has a total length of 1200 kilometers, starting from Vyborg in Russia in the east and to Lubmin in Germany. The annual supply volume of the first branch line is 27.5 billion cubic meters. After the second branch line is opened at the end of next year, the gas supply capacity will reach 55 billion cubic meters, which can meet the gas demand of 2.6 million European families.
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