Friday, August 12, 2011

Nord Stream will earn in three years

Gazprom confirms plans to withdraw Nord Stream gas pipeline at full capacity 55 bcm. m / year in 2014. This was stated by deputy chairman Valery Golubev, Gazprom's Forum "Energy of Russia in XXI century", according to RBC. "Already in 2014 the pipeline will operate at full capacity," - said the deputy head of Gazprom's board. According to him, in the near future start filling gas underwater pipeline. In III quarter 2011 the company intends to start deliveries of gas. Speaking about the project South Stream, Golubev said that at present almost all the participating countries signed an intergovernmental agreement. "We are at the stage of development of project documentation. After passing the examination by the Turkish authorities will be given permission to begin production work" - he stressed. Earlier, Gazprom CEO Alexei Miller said the start of gas deliveries by pipeline Nord Stream will not mean a reduction of gas transit through Ukraine and Belarus. It is known that the Nord Stream gas pipeline will connect Russia and the European Union via the Baltic Sea from Vyborg to the German city of Greifswald. Project is implemented by Gazprom and German companies E. ON and BASF. As expected, the first stage of the Northern stream with a capacity of 27 billion cubic meters. meters of gas will be commissioned in 2011 and the second stage - in 2012. Ministry of Industry

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