All four strings will be decompressed and machinery preserved at pumping stations, the news outlet reported
FILE PHOTO: Portovaya compressor station in Leningrad region, Russia, October 8, 2012. © Sputnik / Aleksei Kudenko
Russian energy major Gazprom is planning to shutter the Nord Stream gas pipelines and compressor stations, the Kommersant newspaper reported on Monday citing company sources. In September, both strings of Nord Stream 1 and one string of the Nord Stream 2 pipeline were damaged by explosions and are currently inoperable.
According to the report, gas-pumping equipment will not be moved from the Portovaya and Slavyanskaya compressor stations and will remain on site. This will help re-launch flows at short notice once the pipelines are restored.
Analyst Sergey Kondratyev of the Institute of Energy and Finance told the news outlet that the decision has merit, as it is now difficult to assess the timing of the repairs. Also, the transfer of equipment to other compressor stations is not viable, since Portovaya uses unique equipment. According to the expert, the work may take from three to five months and cost up to three billion rubles (around $50 million).
It is also unclear whether Gazprom will restore the pipelines at all. Machinery at the Portovaya compressor station was out of service long before the explosions due to a lack of proper maintenance amid Western sanctions on Russia.