| Author (Corporate) | EurActiv |
|---|---|
| Series Title | EurActiv |
| Series Details | 12.2.10 |
| Publication Date | 12/02/2010 |
| Content Type | News |
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Nord Stream AG received on the 12 February 2010 the last of the permits required to start constructing its 1,223 kilometre natural gas pipeline through the Baltic Sea from Russia to Germany. The pipeline will reduce Russian dependence on over-ground pipelines through eastern Europe. The Nord Stream consortium plans to start construction in April 2010 as it has now received all the permits required by the five countries through whose territorial waters or Exclusive Economic Zones (EEZ) the pipeline will pass: Russia, Finland, Sweden, Denmark and Germany. Gazprom, the state-owned Russian energy group which owns 51% of Nord Stream, is also planning to start work in December 2010 on another new pipeline, called South Stream, which would deliver gas to Austria and Italy via the Black Sea and Bulgaria. On the 14 April 2010 in a symbolic welding of two pipeline segments, the construction phase of the pipeline project that will directly link Europe’s energy grid to the world’s largest natural gas reserves in Russia was officially launched. Russian President Dmitry Medvedev and EU Commissioner for Energy Günther Oettinger, and the Nord Stream consortium’s shareholders from Russia, Germany and the Netherlands joined the ceremony. |
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| Source Link | http://www.euractiv.com/ |
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| Subject Categories | Energy |
| Countries / Regions | Denmark, Europe, Finland, Germany, Russia, Sweden |
