Nord Stream 2
Nord Stream 2 (German–English mixed expression for "North Stream 2"; russian: Северный поток — 2) is a natural gas pipeline from Russia to Germany running through the Baltic Sea, financed by Gazprom and several European energy companies. Feasibility studies began in 2011 to expand the Nord Stream 1 line and double annual capacity to , with construction beginning in 2018. It was completed in September 2021, but has not yet entered service. Planning and construction of the pipeline were mired in political controversy over fears that Russia would use it, one of 23 pipelines between Europe and Russia, for geopolitical advantage with Europe and Ukraine. German Chancellor Olaf Scholz suspended its certification on 22 February 2022, following official recognition of the Donetsk People's Republic and Luhansk People's Republic by the Russian State Duma and President Putin during the prelude to the 2022 Russian invasion of Ukraine. On 26 September 2022, Danish and Swedi ...
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Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue. In the 2020 ''Forbes'' Global 2000, Gazprom was ranked as the 32nd largest public company in the world. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest companies in Russia by market capitalization. Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas, producing 497.6 billion cubic meters ...
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