Putin announced the resumption of Nord Stream operations
A reported restart of Nord Stream would restore Russian gas flow to Europe if realized.
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
Gazprom (ПАО Газпром) →supply upNatural Gas (Pipeline-Grade, >95% Methane)
If Nord Stream operations resume, Gazprom's pipeline-grade gas can flow to Europe again, making this gas stream more available; the edge has a nontrivial 8% market share and long replacement lead time.
74% confidenceEquinor ASA →supply upA Nord Stream restart would add Russian gas back into the European market, making Equinor’s natural-gas input more available and likely cheaper; this edge is the broadest direct commodity match.
74% confidenceBP plc →supply upHop 2
Natural Gas (Haber-Bosch Feedstock and Fuel) →supply upAmmonia and nitrogen fertilizers
Natural gas is a critical Haber-Bosch feedstock, so restored Russian flow should materially raise fertilizer availability.
95% confidenceNatural Gas →Prices easeSEMPRASRE
Sempra said its natural gas cost increased by $150 million because of higher average natural gas prices, so a supply restart should relieve that cost pressure.
93% confidenceNatural gas wellhead production →Stands to benefitHop 3
Yara International ASA →supply upNatural Gas (Haber-Bosch Feedstock and Fuel)
A Nord Stream restart would increase European natural gas availability, and Yara’s gas input is a major, hard-to-replace Haber-Bosch feedstock/fuel so the company’s key input gets direct relief.
94% confidenceIndustrial gases →supply upA Nord Stream restart would increase European natural gas availability, and natural gas is a critical 0.8-strength input to industrial-gases production.
89% confidenceAmmonia and nitrogen fertilizers →supply upHop 4
UAN Solution (Urea Ammonium Nitrate, 28-32% N) →Stands to benefitRussia is the largest source share on this UAN node, so renewed gas flow should support Russian fertilizer production and export capacity.
69% confidenceUAN Solution (Urea Ammonium Nitrate, 28-32% N) →supply upAmmonia and nitrogen fertilizers
UAN solution sits inside the ammonia/nitrogen fertilizer complex, so restored Russian gas flow should raise output and availability in that broader market.
56% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Ammonia and nitrogen fertilizers · Industrial gases · Natural gas (home) · Electricity (residential)
In the MyPRIA app, this is checked against your own holdings.