Russian Deputy Prime Minister Alexander Novak warned on Monday that the country could potentially cut gas supplies via the Nord Stream 1 pipeline to Germany.
“In connection with unfounded accusations against Russia regarding the energy crisis in Europe and the imposition of a ban on Nord Stream 2, we have every right to take a matching decision and impose an embargo on gas pumping through the Nord Stream 1 gas pipeline,” Novak said in a statement broadcast on state television.
“But so far, we are not taking such a decision.”
The Nord Stream 1 pipeline, laid in 2011–2012, is 759 miles in length and is the longest undersea pipeline in the world. It supplies Europe with Russian natural gas, running through the Baltic Sea to northern Germany. It has a total annual capacity of about 55 billion cubic meters of gas.
Germany, with an annual gas consumption of about 88 billion cubic meters, gets around half of its gas from Russia. Prior to the decertification of the Nord Stream 2, Germany argued that the pipeline would diversify energy supplies for Europe. But the European Union the United States opposed the pipeline on the grounds that it would increase Europe’s energy dependence on Russia as well as denying transit fees to Ukraine, which is host to another Russian gas pipeline.
Nord Stream 2 AG is registered in Switzerland and wholly owned by Russian state-owned company Gazprom. Nord Stream 1 is owned and operated by Nord Stream AG, with Gazprom as the majority shareholder.
The gas pipeline seeks to reduce Poland’s reliance on Russian gas. Poland currently gets half of its 20 billion cubic meters of total annual gas consumption from Russia’s Gazprom. The long-term contract between Poland and Gazprom expires at the end of this year and Warsaw doesn’t plan on renewing it.