This market will resolve to "Yes" if any line of either Nord Stream 1 or Nord Stream 2 delivers natural gas to Germany or any EU member state in commercial quantities at any point by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". "Commercial quantities" refers to sustained, measurable flows of gas intended for end-user distribution. Test flows, pressure tests, or symbolic gas transfers not tied to actual supply operations will not count. The resolution source will be a consensus of credible reporting.
European Union sanctions, including a 2026 regulation phasing out Russian pipeline gas imports, combined with Germany's suspension of Nord Stream 2 certification and ongoing probes into the 2022 sabotage, have blocked commercial reactivation. German investigations have charged Ukrainian nationals with coordinating the explosions that damaged three of four lines, leaving only one Nord Stream 2 segment intact per Russian statements, while related German infrastructure faces dismantling for transfer to Ukraine. Political resistance in Berlin and Brussels stems from the Russia-Ukraine conflict, energy diversification efforts, and upcoming legal proceedings, outweighing Russian offers to resume flows. These barriers sustain trader consensus against any restart delivering commercial volumes to Germany or EU states before December 31, 2026.