Could Nord Stream restart after a US-Russia agreement?
A possible restart of the Nord Stream gas pipeline would restore natural gas flows if implemented.
Source →The trace
How it reaches your house.
Starting from Gazprom (ПАО Газпром), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Equinor ASA →supply upNatural Gas (Haber-Bosch Feedstock and Fuel)
A Nord Stream restart would restore gas flows, making this larger natural-gas input more available to Equinor.
61% confidenceEquinor ASA →supply upThe same restored gas flows would also ease this smaller natural-gas input, but the dependency is less material than the 8% gas edge.
56% confidenceEquinor ASA →supply upIf Nord Stream restarts, European gas flows would increase, making Equinor's generic natural-gas input more available; the edge suggests a meaningful but substitutable dependence.
50% confidenceHop 2
Natural Gas →supply upRestored natural gas flows should improve availability of a critical input for industrial gas production, given the edge's high dependency strength.
91% confidenceNatural Gas (Roasting Fuel) →Stands to benefitGazprom (ПАО Газпром)GAZP.MM
Restarting Nord Stream would restore Russian pipeline gas flows, directly benefiting Gazprom as the listed 10% supplier of this natural gas input.
90% confidenceNatural Gas →Prices easeHop 3
Industrial gases →supply upA Nord Stream restart would restore natural gas flows, making this critical industrial-gases input more available.
91% confidenceCheniere Energy Inc. →supply upA Nord Stream restart would add gas back into supply, easing Cheniere's direct natural-gas feedstock constraint.
68% confidenceRussia →supply upUAN Solution (Urea Ammonium Nitrate, 28-32% N)
Russia supplies 53.8% of UAN solution, so a restoration of Russian gas-export capacity could support output from that source and increase availability.
Hop 4
UAN Solution (Urea Ammonium Nitrate, 28-32% N) →supply upRussia supplies 53.8% of this UAN solution's country-sourced inputs, so restored Nord Stream gas flows should most plausibly lift Russian fertilizer supply into the product chain.
81% confidence