German stakeholder in Nord Stream 1 natural gas pipeline rejects calls to shut it down in response to the Russian invasion of Ukraine

  • Date: 28-Feb-2022
  • Source: Business Insider
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

German stakeholder in Nord Stream 1 natural gas pipeline rejects calls to shut it down in response to the Russian invasion of Ukraine

German energy giant E.ON rejected calls from Poland to shut down the Nord Stream 1 natural gas pipeline in response to Russia's invasion of Ukraine, newspaper reported. Polish Prime Minister Mateusz Morawiecki on Saturday asked operators of the offshore pipeline – which carries more than a third of Germany's natural gas imports – to shut it down after Moscow ordered troops into Ukraine, the publication reported. on Tuesday after Russian President Vladimir Putin sent troops into Ukraine. But E.ON, which owns 15.5% of Nord Stream 1 operator Nord Stream AG, told the Rheinische Post that the project was completely separate to Nord Stream 2. Russian state-controlled energy firm Gazprom is the majority owner of both Nord Stream 1 and 2. Europe gets around 40% of its gas supply from Russia and has continued to rely on it since the invasion started. Natural-gas exports flowing from Russia to Europe through Ukraine jumped by nearly 38% from Wednesday to Thursday, . Nord Stream 1 has been transporting natural gas from Russia to Germany via the Baltic Sea since 2011. It's made up of two parallel pipelines, each around 750 miles long, and Nord Stream says it's able to transport up to 971