Nord Stream resumes operations one day ahead of schedule following maintenance shutdown, Ukraine transit reduced
The Nord Stream offshore gas pipeline, which connects Russia and Germany via the Baltic Sea floor, has resumed operations on Monday following a scheduled maintenance shutdown that began on July 17, European gas transport operators said.
According to the original schedule, the shutdown was due to last through the morning of July 31, but shipments were already resumed with the beginning of the new gas day on Monday morning. Up to 170 million cubic meters of gas daily are shipped via the Nord Stream pipeline. Taking into account the price of gas in European trading venues, the cost of gas over an above-target day may total around $45 million.
The re-launch of Nord Stream has led to reduced transit via Ukraine, whose gas transport infrastructure Gazprom was using to partially compensate unavailable transport capacity. On Monday, applications for capacity via the Uzhgorod corridor already fell to 156 million cubic meters from 198 million cubic meters on Sunday, Slovakia's gas transport operator said.
Within the maintenance shutdown, mechanical components and automation systems were thoroughly tested to ensure reliable functioning of the twin pipeline throughout the year.