France is expected to have its LNG import volume be notably impacted by the completion of Nord Stream 2. The newly constructed pipeline, which will see Europe supplied by more natural gas from Russia is forecast to result in 118 terawatt hours worth of natural gas imported as LNG into France in 2025. Without Nord Stream 2 this figure is forecast to be 147 terawatt hours worth.
Nord Stream 2 is an offshore natural gas pipeline of roughly 1,230 kilometers length, which connects Ust-Luga, Russia to Lubmin, Germany. The first agreement to construct Nord Stream 2 was signed in 2015 between major energy companies. However, the construction has been hampered by various political and economical disputes. Nonetheless, as of July 2021, U.S. and Germany's representatives agreed on the completion of Nord Stream 2.
Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country*
(in terawatt hours per year)
* The modelling based supply and demand on EUCO 3232.5 scenario. Furthermore, it does not include the transit deal stipulating Russian ship-or pay transit volumes via Ukraine of 65 billion cubic meter per year for 2020 and 40 billion cubic meter for the years 2021 to 2024.
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European Commission. (May 27, 2020). Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country* (in terawatt hours per year) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/
European Commission. "Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country* (in terawatt hours per year)." Chart. May 27, 2020. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/
European Commission. (2020). Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country* (in terawatt hours per year). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/
European Commission. "Projected Impact of Nord Stream 2 on Liquefied Natural Gas Imports in The European Union (Eu) in 2025, by Country* (in Terawatt Hours per Year)." Statista, Statista Inc., 27 May 2020, https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/
European Commission, Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country* (in terawatt hours per year) Statista, https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/ (last visited October 06, 2024)
Projected impact of Nord Stream 2 on liquefied natural gas imports in the European Union (EU) in 2025, by country* (in terawatt hours per year) [Graph], European Commission, May 27, 2020. [Online]. Available: https://www.statista.com/statistics/1251916/lng-inflow-eu-28-nordstream2-scenarios/