Nord Stream

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Nord Stream completes underwater work on gas pipeline

Nord Stream completes underwater work on gas pipeline

Nord Stream AG, the operator of a gas pipeline intended to bring Russian natural gas to Germany under the Baltic Sea, has completed underwater work on the first pipeline, the operator said on Tuesday

Putin: Russia's projects could halt the rise in oil prices in Europe

Russian Prime Minister Vladimir Putin believes that Russia's Nord Stream and South Stream projects , had they been implemented by now, would have helped the energy supply of Europe considering the difficult situation in the Middle East. Besides Putin said that these pipelines would also reduce the gas prices gas in Europe, Interfax reports. Commenting on the joint investment by Gazprom and Italian Eni in Libyan projects, Putin noted that "economic cooperation should be devoid of political or ideological coloration."

More than 80% of first stretch of Nord Stream gas pipeline laid

The Nord Stream AG, responsible for the construction of the NordStream gas pipeline, has already laid 1000 kilometers of the1200-kilometer first stretch of the pipeline and completed works onlaying the pipeline under the Baltic Sea, RZD-Partner reports.The remaining part will be built by Castoro vessel by April 2011.It was previously reported that the Nord Stream pipeline will startfunctioning already in May 2011.The Nord Stream pipeline represents a fundamentally new route for

75 % of first branch of Nord Stream gas pipeline is ready

The construction of the first branch of the two branch Nord Streampipeline is 75% complete, RIA Novosti reports.The first deliveries from Russia to Germany through the new gaspipeline are scheduled for autumn 2011.Nord Stream is a fundamentally new route for Russian gas exports toEurope, primarily to the markets of Germany, Britain, France, theNetherlands and Denmark. The pipeline is 1220 kilometers long and iscapable of dealing with 55 billion cubic metres of gas per year. Itwill pass under the Baltic Sea from Russia (Vyborg) to Germany

Construction of Nord Stream is officially opened

Construction of Nord Stream is officially opened

Today the Russian company 'Gazprom' officially opened the construction of the pipeline Nord Stream. The pipe will be placed on the bottom of tha Baltic sea. It will start from Vyborg and lead to Greifswald in Germany. Its length will be about 1200 km.