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Nord Stream Below Capacity

LONDON — Nord Stream's natural gas pipeline from Russia to Germany is flowing at less than a third of its capacity.

Nord Stream is supplying at a rate of 1 million cubic meters an hour, finance director Paul Corcoran said Wednesday at the European Autumn Gas Conference in Paris.

"The nominations happen daily and hourly," Corcoran said. "It's perfectly normal that the volume changes depending on the nominations coming from the customer." It may be a year to six months before line one of the link reaches its full capacity of 27.5 bcm of gas a year, he said. It began commercial flows on Nov. 8.

(Bloomberg)

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