Germany gives green light to Nord Stream project
Germany has given permission to build a 50-kilometer stretch of the 1,223-kilometre pipeline in its territorial waters.
The permission for the construction of the pipeline in Germany’s territorial waters became a result of a large-scale three-year environment survey, ITAR-TASS reports.
Nord Stream Company has already obtained the permission of other countries through which the pipeline will run – Denmark, Sweden, Finland, and Russia. Once completed, the pipeline will be able to supply 55 billion cubic meters of gas a year from Russia to Germany where it will be connected to the European gas system.
Nord Stream is a 1,220-kilometre-long offshore natural gas pipeline stretching through the Baltic Sea, from Vyborg, Russia to Greifswald, Germany, which is to be built by Nord Stream AG. Nord Stream is a joint project of four major companies: Gazprom, BASF/Wintershall Holding AG, E.ON Ruhrgas AG and N.V. Nederlandse Gasunie.
