Putin and Merkel discuss energy security of Nord Stream

 

Russian President Vladimir Putin and German Chancellor Angela Merkel

have had a telephone discussion on energy security in Europe after the second

 Nord Stream pipeline is launched, RIA Novosti cites the

president's press service.

 

In addition, they discussed current issues on the bilateral agenda,

including preparations for the upcoming 14th round of

Russian-German interstate consultations in November in Moscow.

 

Supply of gas to the second line of the pipeline could begin in

October. Laying of the second line was completed ahead of schedule on

April 18. Commercial gas supplies to the first pipeline of Nord Stream

began on 8 November 2011.When the full capacity of both lines is

reached, the performance of  the pipeline will be 55 billion cubic

meters of gas a year.

 

"Nord Stream" runs under the Baltic Sea from Port Bay (near

Vyborg) to the German coast (near Greifswald). The pipeline is over

1200 kilometres long. The project is implemented by a joint

venture, Nord Stream AG. At the moment the shares in the company are as

 

follows: "Gazprom" - 51%, German Wintershall and E.On - 15.5% each,

the Dutch firm Gasunie and France's GDF Suez -  9% each.

 

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