NEGP meaning in Regional ?

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Answer: What is North European Gas Pipeline mean?

Nord Stream (former names: North Transgas and North European Gas Pipeline; Russian: Северный поток, Severny potok) is a system of offshore natural gas pipelines in Europe, running under the Baltic Sea from Russia to Germany. It includes two pipelines running from Vyborg to Lubmin near Greifswald forming the original Nord Stream, and two further pipelines running from Ust-Luga to Lubmin termed Nord Stream 2. In Lubmin it is connected to the OPAL pipeline to Olbernhau on the Czech border and to the NEL pipeline to Rehden near Bremen.

The original Nord Stream is owned and operated by Nord Stream AG, whose majority shareholder is the Russian state company Gazprom, and Nord Stream 2 is owned and will be operated by Nord Stream 2 AG, which is also a wholly owned subsidiary of Gazprom.

The first line of Nord Stream (also known as Nord Stream 1) was laid by May 2011 and was inaugurated on 8 November 2011. The second line of Nord Stream was laid in 2011–2012 and was inaugurated on 8 October 2012. At 1,222 km (759 mi) in length, Nord Stream is the longest sub-sea pipeline in the world, surpassing the Langeled pipeline.The laying of Nord Stream 2 was carried out in 2018–2021. The first line of Nord Stream 2 was completed in June 2021, and the second line was completed in September 2021.

Nord Stream has a total annual capacity of 55 billion m3 (1.9 trillion cu ft) of gas, and the addition of Nord Stream 2 is expected to double this capacity to a total of 110 billion m3 (3.9 trillion cu ft).

The Nord Stream projects have been fiercely opposed by the United States and Ukraine, as well as by other Central and Eastern European countries, because of concerns that the pipelines would increase Russia's influence in Europe, and because of the large reduction of transit fees for use of alternative pipelines in Central and Eastern European countries. The builders contend that the pipeline is more important to Germany than Russia, which could just as easily sell the gas to China and other Asian nations.

The name "Nord Stream" occasionally refers to a wider pipeline network, including the feeding onshore pipeline in Russia, and further connections in Western Europe.

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Posted on 30 Apr 2022, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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