Nord Stream Pipeline: Reinforcing Gas Supplies to Northwest Europe 2 tcm Access to natural gas is increasingly critical for the European Union Proven Reserves and in particular Northwest Europe. With global gas demand rising and its own gas resources depleting, Northwest Europe needs secure gas supplies in the long term to ensure global industrial competitiveness 10 Source: BP, Statistical Review  and to meet domestic demand. of World Energy, June 2012

Current total proven natural gas reserves in Russia has been the EU's natural and reliable the EU are relatively low compared with the partner for over 40 years. Today, EU projected annual demand. According to a companies buy some 60 percent of Russian IHS CERA report published in end-2013, gas natural gas exports. The Nord Stream Pipeline demand in Northwest Europe is forecast to helps ensure reliable delivery of contracted reach 302 billion cubic metres (bcm) by 2030. gas volumes and offers an additional supply Domestic production in the region will meet channel to Northwest Europe to compensate just 49 bcm of that total requirement, and for its declining domestic gas production. 5 the remaining 253 bcm gap will have to stem Nord Stream constitutes the most direct and from other sources. With the world's largest shortest supply route from Russia to gas reserves of over 44 trillion cubic metres, Northwest Europe. 44.4 tcm Proven Reserves RUSSIA belfast 4 copenhagen 7 9 6 1 dublin

8 Source: BP, Statistical Review of World Energy, June 2012

Growing gas import 3 requirements for NWE amsterdam london all numbers in billion cubic Berlin metres (bcm) 298 302 Total demand Northwest Europe (NWE)  (Belgium, Denmark, France, Germany, Ireland, brussels Luxembourg, the Netherlands and the UK) Pipeline in operation 163 Import  Pipeline planned ¹ 253 requirement bcm billion cubic metres luxembourg city tcm trillion cubic metres paris LNG terminals ² 135 Domestic 49 production average average 2007/2011 2026/2030 2

Source: IHS CERA, Gas Import Requirement by 2030 – EU 27 with a focus on Northwest Europe Key gas import pipelines into Northwest Europe

all capacity in bcm Domestic gas production vs. import requirement for 2011 and 2030 LNG supplies 1 Nord Stream 55.0 all numbers in bcm 2 Ukraine corridor 170.0 Belgium DENMARK France Germany The netherlands Share of LNG within the NWE gas supply mix 3 Yamal-Europe 33.0 80 Domestic is expected to grow from 10 to 20 percent by 4 Langeled South 26.3 production 67,9 67,0 67,1 2030. LNG transport, compared with offshore 5 Europipe II 26.0 pipelines, is less energy efficient and involves Net imports 60 53,7 50,1 higher carbon emissions. 6 Franpipe 19.6 / exports 47,6 42,0 7 18.0 40 34,4 The annual capacity of the Nord Stream Sources: 31,5 8 Norpipe 16.0 2011-2017 – CERA, Pipeline equals 600 to 700 round trips a year European Gas: Country 23,9 22,9 by LNG tankers. Pipelines are a more efficient 9 Zeepipe I 15.3 Level Natural Gas Supply 16,9 18,4 and Demand Tables. 20 13,9 solution. 10 Vesterled 13.9 February 25, 2013. 10,5 7,3 2030, 2035 – CERA, 3,5 European Gas Long-Term 1,0 0,6 Supply and Demand Out- 0,0 0,0 0,0 0,0 0,0 look to 2035. 0 Source: IHS CERA, Gas Import Requirement by 2030 – EU 27 ¹ Planned and operational pipelines source: www.entsog.eu/maps January 18, 2013. 2011 2030 2011 2030 2011 2030 2011 2030 2011 2030 2011 2030 with a focus on Northwest Europe; Nord Stream ² Source (2011): www.entsog.eu/maps