Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia Launches Major Gas Pipeline to Europe
13.09.2011 11:38
Russia Launches Major Gas Pipeline to Europe

On Tuesday Russian Prime Minister Vladimir Putin launched the Nord Stream pipeline, which was designed to bring Russian natural gas to Germany through the bed of the Baltic Sea, avoiding shipments via Ukraine.

      With the click of a computer mouse, Putin opened the valve to let the gas into the first Nord Stream pipeline at the Portovaya compressor station at the Russian-Finnish border. After gas fills the pipeline, Russia will start gas shipments in Europe. The first shipment will be ready by the beginning of October.

      The $11 billion Nord Stream project, owned 51 percent by Russia's Gazprom gas export monopoly and 15.5 percent each by Germany's E.ON Ruhrgas and BASF-Wintershall, includes two roughly parallel pipelines with an overall annual capacity of 55 billion cubic meters.

      The second pipeline, which will bypass Ukraine, Belarus, Poland and other transit countries, is expected to be finished by 2012. That means that Ukraine will finally lose its exclusive status as a transit country for Russian gas to Europe.

        However, energy experts point out at fact that, even despite the opening of new transport routes, Ukraine will continue to play a pivotal role for the Russian gas exports in years to come.

        "Ukraine loses the temptation to beneit from its transit position, so, I hope, our relations will become more civilized", Putin told journalists. 


      

Source: Vesti.ru RIA Novosti


Author: Julia Alieva

Tags: Gazprom Russian business Resources   

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit


Ïàðòåð


TAGS:
Russian rulers  Ministers  human rights  International Week of Conservatories  Ski resorts  Christianity  International space station  Moscow Museum Week  Russian business  Kunstkamera Museum  Economic Development Ministry  Adygea  Gelendzhik  Censorship  Russian economy  rent a car in Russia  Perm Krai  Motor race  Awards  Moscow  Rusian international  Spring Flower Festival  War of 1812  Historical Exhibitions  Symphonic Orchestra  Charity  Exhibitions Sales  society  Russia  Russian tourism  Russian Orthodox Church  the Pushkin Museum of Fine Arts  Sochi Games   Journalism   Russian science  social nets  animation  Mercedes-Benz Fashion Week Russia  Belokurikha  Russian Actresses  Mikhail Zadornov  Eurovision  St. Petersburg  Exhibitions in Moscow  Russian politicians  The Caspian  Russian scientists  Kaluga  Sochi Olympics  Russian Cinema 


Travel Blogs
Top Traveling Sites