Nord Stream

The Nord Stream is a brand new pipeline route to transport Russian gas to Europe

Germany, the UK, the Netherlands, France, Denmark and other European states are the target markets for the Nord Stream

Nord Stream pipeline map

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Nord Stream pipeline directly links Russia and Germany, it plays an important role in ensuring reliable supplies of Russian natural gas and serves to meet additional demand in Europe. This route makes it possible to bypass the not always predictable transit countries.

This pipeline consists of two lines with a throughput capacity of 27.5 billion cubic meters/year each. Its route lies under the Baltic Sea from Portovaya Bay near the city of Vyborg to the German coast near Greifswald, stretching 1224 km.

Nord Stream AG (Switzerland) gas transmission company was established for planning, construction, ownership, financing, and the operation of the gas pipeline.

Equity shares’ breakdown of the Nord Stream AG company is as follows: Gazprom (51%), E.ON (15.5%), Wintershall (15.5%), Gasunie (9%) and GDF Suez (9%).

Upon commissioning of the Nord Stream gas pipeline, Gazprom has been looking into the possibility of boosting the capacity of this facility. As a result, on the sidelines of the St. Petersburg International Economic Forum in June 2015 the heads of Gazprom, E.ON, Royal Dutch Shell and OMV signed Memorandums of Intent stipulating the cooperation among the companies for constructing of two additional strings of the Nord Stream pipeline. Similar to the first two strings, they will be laid from the Russian coast via the Baltic Sea to Greifswald. The capacity of the new gas pipeline will reach 55 billion cubic meters a year.

Chronology:

In September 2006, the final Shareholder’s Agreement was signed, as well as the Agreement on the basic conditions of gas transportation.

In spring 2010, the Nord Stream consortium attracted external funding from a syndicate of 26 banks amounting to 3.9 billion euros for the first phase of the project. Of this amount, guarantees of export credit agencies SACE and Hermes were received for the sum of 3.1 billion euros.

In April 2010, construction of the first line of the Nord Stream project in the Baltic Sea was launched.

In August 2011, the pipe-laying operation of the second line of Nord Stream in the Gulf of Finland was completed.

On August 22, 2011, welding of the “golden seam” — the last one — of the first line of the Nord Stream gas pipeline in the Russian sector has taken place.

On August 25, 2011, the last joint that connects the first line of Nord Stream gas pipeline to the European OPAL gas pipeline has been welded in Lubmin (German land of Mecklenburg-Vorpommern).

On November 8, 2011, the first line of the Nord Stream gas pipeline became operational. After four years of planning and 18 months of intensive construction, Russian gas began to flow into gastransportation system of Europe.

In April 2012, the pipe-laying operation of the second line of Nord Stream on the whole route from Portovaya Bay to Greifswald was completed.

On October 8, 2012, the second line of the Nord Stream gas pipeline was put into operation, which increased the capacity to 55 billion cubic meters of gas. The project’s shareholders also examined the preliminary results of the feasibility studies for the construction of the third and fourth strings and came to the conclusion that it was economically expedient and technically feasible.

On June 18, 2015, Alexey Miller, Chairman of the Gazprom Management Committee, Klaus Schaefer, Member of the Management Board of E.ON, Ben van Beurden, Chief Executive Officer of Royal Dutch Shell and Manfred Leitner, Member of the Executive Board of OMV signed Memorandums, which reflect the parties’ intent to implement a project for the construction of two additional gas pipeline strings from the Russian coast to the German coast via the Baltic Sea.

 

Related news:

Synchronized schedule of maintenance and repair operations on main gas export routes for 2015 signed – 12.12.2014

Another Milestone in Energy Supply Security – 17.10.2014

Final Load Tests of Nord Stream started – 08.11.2013

A new highly efficient combined heat and power plant launched in Germany – 21.10.2013

WINGAS launches a storage facility in Jemgum – 16.09.2013

Launch of Nord Stream third and fourth lines environmental impact assessment – 04.04.2013

Construction of NEL last line approved by German authorities – 12.02.2013

The Gazelle gas pipeline commissioned in the Czech Republic – 15.01.2013

Gazprom achieved record daily supply volumes – 14.12.2012

Nord Stream second string commissioned, third and fourth strings next in turn – 08.10.2012

“Golden Weld” on the second line of Nord Stream completed at Its Russian Landfall – 30.08.2012

Environmental monitoring results: Nord Stream has no negative effect on the Gulf of Finland – 21.08.2012

Welding of the second line of Nord Stream completed – 29.06.2012

Full load testing successfully completed at Nord Stream gas pipeline – 24.05.2012

Nord Stream to explore the possibility of expanding gas transmission infrastructure through the Baltic Sea – 11.05.2012

Nord Stream Finalizes Second Line Ahead of Schedule – 18.04.2012

Nord Stream Pipeline Inaugurated – Major Milestone for European Energy Security – 09.11.2011

Nord Stream AG has published its consolidated environmental monitoring report for 2010. According to results of the monitoring, the impact of the Nord Stream project is in line with the estimated data and has no significant effect on environment. – 11.10.2011

Nord Stream to be commissioned in November 8 – 04.10.2011

Gazprom starts filling the first line of the Nord Stream gas pipeline – 06.09.2011

Nord Stream gas pipeline connected to the European OPAL – 25.08.2011

The last seam of the first line of the Nord Stream gas link is welded on Russian territory – 22.08.2011

Pipe-laying of Nord Stream second line completed in the Gulf of Finland – 15.08.2011

Gerhard Schröder confident European demand for Russian gas will only grow – 04.08.2011

Construction of OPAL gas pipeline completed – 13.07.2011

Preparations for the start of welding works on the Nord Stream pipeline through the Baltic Sea – 12.05.2011

Nord Stream Lays Last Pipe of First Gas Pipeline Through the Baltic Sea – 05.05.2011

In Germany, construction of the NEL pipeline has begun – 15.04.2011

After laying off seven nuclear power plants Germany became an energy importer – 13.04.2011

Fundraising for the second phase of the Nord Stream completed by Nord Stream AG – 04.03.2011

Italy is a strategic partner, cooperation with which goes back decades – 16.02.2011

– 15.02.2011

Nord Stream awarded the best financial project ("Project Finance Award") – 10.02.2011

Construction of NEL link to Nord Stream to start in March – 08.02.2011

The Nord Stream project is a priority for the European Union – 28.01.2011

Nord Stream Phase II Financing Update: Commitment Letters have been signed – 16.12.2010

Nord stream and environmental control – 10.12.2010

Nord Stream Phase II Financing Update – 26.11.2010

OPAL gas pipeline reaches the Czech Republic – 22.11.2010

"Solitaire" Vessel joined the Nord Stream construction – 22.08.2010

Test on Tenacity: “Passed” – 26.06.2010