World · Europe · 1 day ago
US investors explore using Nord Stream to bring Russian gas to Germany
US and Russian representatives are exploring whether US investors could help bring Russian gas to Germany through the Nord Stream pipelines.
The pipelines carried Russian gas under the Baltic Sea to Germany but have been out of service since 2022, after the war in Ukraine led to a break in energy ties between Russia and Europe.
The discussions involve Jared Kushner, a US envoy, and Kirill Dmitriev, an economic representative close to Russian President Vladimir Putin.
The proposal is still exploratory, and the amount of investment and terms for restarting gas supplies are not known.
Before the war, Russia supplied the European Union with about 150 billion cubic metres of gas a year; in 2025, that figure was 36 billion.
US companies have expanded gas exports to Europe since Russia lost much of its market there.
If Russian supplies return in larger amounts, they could compete with US gas and lower prices, but would also bring Russia income from a market it has largely lost.
US investors are exploring whether to take part in the Nord Stream gas pipeline business to bring Russian gas to Germany.
The discussions involve US envoy Jared Kushner and Kirill Dmitriev, an economic representative close to Russian President Vladimir Putin.
The proposal is still exploratory, and the investors, amount of funding and conditions for restarting supply are not known.
Nord Stream was taken out of service in 2022, after Russia’s war in Ukraine led to an energy break between Moscow and Europe.
The discussions are part of broader economic contacts linked to a possible agreement to end the war in Ukraine.
- Who
- US investors, with discussions involving Jared Kushner and Kirill Dmitriev.
- What
- They are exploring US investment in Nord Stream to potentially transport Russian gas to Germany.
- When
- The discussions were revealed on October 8; the year is not stated.
- Where
- The Nord Stream pipelines run through the Baltic Sea to Germany.
- Why
- The proposal is part of broader economic contacts linked to a possible agreement to end the war in Ukraine.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Nord Stream was taken out of service as the war in Ukraine led to an energy break between Moscow and Europe.
The discussions about possible US investment in Nord Stream were revealed.
- Nord Stream 1 capacity
- 55 billion cubic metres of gas a year
- Nord Stream 2 capacity
- 55 billion cubic metres of gas a year
- Combined capacity
- 110 billion cubic metres annually
- Russian gas supplied to EU in 2025
- 36 billion cubic metres
- US LNG exports to Europe in 2025
- Average of 10.3 billion cubic feet per day
Sources
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