Yamal Europe 2 Pipeline

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Yamal Europe 2 Pipeline was a proposed gas pipeline in Russia, Belarus, Poland, and Slovakia. There have been no developments on the pipeline since it was re-announced, and it is presumed to be cancelled.

Location

Yamal Europe 2 Pipeline was proposed to run through Belarus, Poland, and Slovakia.

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Project Details

• Owners: Gazprom
• Current capacity: 15 billion cubic meters per year
• Length:
• Status: Cancelled
• Proposed Start Year: 2019

Background

A plan for the construction of a second strand of the Yamal Europe 2 Pipeline project for the section from the Belarusian border via Poland to Slovakia was proposed by Russian gas giant Gazprom. Gazprom was hit by a decline in demand for gas in Europe and, consequently, exports to its biggest market diminished. As a result, President Putin called for a revival of the Yamal – Europe-2 pipeline project, long considered forgotten. Although Russia seems determined to complete the pipeline, industry analysts commented that it was still too early to say if the project would be implemented. In fact, some experts believed that, with the announcement, Russia hoped to persuade the Ukraine to reconsider its position regarding gas supply prices. Kiev tried to arrange gas imports from other European countries that pay less, but Moscow slammed these attempts as being "fraudulent", the Financial Times pointed out.

The second branch of Gazprom‘s Yamal Europe 2 Pipeline project could be completed by 2019 after US$5 billion worth of investment. Russian President Vladimir Putin announced that work has started on the south stream, and that he asked head of Gazprom Aleksey Miller in a meeting to resume work on the Yamal-Europe 2 project. The project, if built, would hav had a maximum capacity to store about 15 billion cubic metres, and was expected to be completed by 2018-2019.

As of 2021, there have been no developments on the Yamal Europe 2 Pipeline in eight years, and it is presumed to be cancelled.