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Gazprom
pipelines and export capacity
Газопроводы Газпрома и экспортные мощности
Gas pipelines of West Siberia
Газопроводы Западной Сибири
Export flows of Gazprom
Экспортные потоки
Spot, Gazprom, Brent
Цены на нефть и
газ
End-use price of gas
Russia and USA
Daily gas production
Суточная добыча
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Nord Stream Transportation Cost for
Dummies
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There is a simple way
to get a very quick estimation of the Nord Stream transportation
cost in US dollars per million British thermal units (MMBtu).
-
Page 32 of the most recent financial report of Gazprom for
the period of January-September 2015 gives the cost of transit
services purchased from Nord Stream AG as Rub 54,099 million or
$917 million (at the average exchange rate of
Rub 59.02 per $1.00).
-
Actual volume shipped in January-September can be found at the
websites of ENTSOG
or OPAL
and NEL
For a quick estimation, one can use the reported
full capacity of Nord Stream of 537 billion kWh per year. In
2015, the pipeline was used at about 75 percent of capacity.
537 x 0.75 = 402.75
Bn kWh or about 400 TWh
Nord Stream
supplies base-load gas, so in nine months it shipped about 75%
of the annual flow or some 300 TWh.
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Convert 300 TWh (Tera Watt-hours) to 1024 Tera Btu's (or
millions of MMBtu).
-
Divide $917 million by 1024 millions of MMBtu
$917M / 1024 TBtu = $0.9/MMBtu
This is very close to
$0.92/MMBtu calculated for the actual flow.
Mikhail
Korchemkin
East
European Gas Analysis
Malvern,
PA, USA
March 21, 2016
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