Yamal Europe 2 Pipeline

From Global Energy Monitor
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Yamal Europe 2 Pipeline is a proposed gas pipeline in Russia, Belarus, Poland, and Slovakia. There have been no developments in six years, and it is presumed to be cancelled.[1]

Location

Yamal Europe 2 Pipeline is a proposed gas pipeline in Belarus, Poland, and Slovakia.

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Project Details

  • Owners: Gazprom
  • Current capacity: 15 billion cubic meters per year
  • Length:
  • Status: Cancelled
  • 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 has been proposed by Russian gas giant Gazprom. Gazprom has been hit by a decline in demand for gas in Europe and, consequently, its exports to what was its biggest market diminished. As a result, President Putin called for a revival of the Yamal – Europe-2 pipeline project, which was 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 believe 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.[2]

The second branch of Gazprom‘s Yamal-Europe 2 Pipeline project could be completed by 2019 after $5bn worth of investment. Russian President Vladimir Putin announced that work has started on the south stream, and that he has asked head of Gazprom Aleksey Miller, in a meeting between the two, to resume work on the Yamal-Europe 2 project. The project will have a maximum capacity to store about 15 billion cubic metres, and is expected to be completed by 2018-2019.[1]

There have been no developments on the Yamal Europe 2 Pipeline in six years, as of 2019, and it is presumed to be cancelled.

Articles and resources

References

  1. 1.0 1.1 Yamal-Europe 2 pipeline project could be complete by 2019 Hydrocarbons Technology, accessed September 2018
  2. Russia Brings Back Yamal Europe 2 Pipeline Project Processing Magazine, accessed September 2018

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External resources

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