The Truth about Nord Stream 2 The Pipeline that will start  WW3 between Russia and The West
Channel: The Nomad Economist
Date: 05/03/2022

U.S. Senate and House committees have agreed to include a bill sanctioning Russia's new natural-gas pipeline to Europe into the National Defense Authorization Act (NDAA), putting up a potential roadblock to the project’s completion.
The House and Senate are expected to vote later this month on the NDAA, which often becomes a vehicle for a range of policy initiatives, as it's one of only a few pieces of major legislation that Congress approves each year.

The proposal attached to the bill that addresses Nord Stream 2 would impose US sanctions on any companies helping Russia lay the $11 billion pipeline.
Nord Stream 2 is a new export gas pipeline running from Russia to Europe across the Baltic Sea.
The route covers over 1,200 kilometers. The total capacity of two strings of Nord Stream 2 is 55 billion cubic meters of gas per year.
 The aggregated design capacity of Nord Stream and Nord Stream 2 is, therefore, 110 billion cubic meters of gas per year.
This $10.5 billion project, which runs parallel to the existing Nord Stream pipeline, has been spearheaded by Gazprom and five European energy companies and is reportedly nearing completion.
 It's expected to double Russian gas shipments to the EU's biggest economy Germany. Germany is 
The biggest foreign buyer of Russian gas. In 2018, Germany set a new record for Russian gas purchases at 58.5 billion cubic meters. At present, Germany is Gazprom’s largest export market. Gazprom cooperates with German companies along the entire value chain, from gas production in Russia to gas deliveries to end consumers in Germany. The cooperation also covers sports, social, and cultural projects.



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