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

Nord Stream Officially Launched in Germany
9.11.2011 15:15
Nord Stream Officially Launched in Germany

On Tuesday Russian president Dmitry Medvedev and Germany's Chancellor Angela Merkel officially launched the Nord Stream pipeline in in the town of Lubmin, Germany.

      The other ceremony's participants were the prime-minister of the Netherlands Mark Rutte, French prime-minister Francois Fillon and the EU energy commissioner Gunter Ettinger.

      Nord Stream is a new route for exporting Russian gas via the Baltic sea to Europe, avoiding transit countries such as Ukraine and Belarus. The subsea pipeline is 1,222 kilometres (759 mi) long.

      Now the pipeline can deliver up to 27.5 bln cubic meters of gas annually and soon it is planned to reach 55 bln. cubic meters, when the pipeline's construction will be finished conclusively.

        It is taken to be that Nord Stream will cheapen the gas supplies to Europe, as the pipeline doesn't pass the territory of transit countries. The project is also meant to decrease Russia's dependence on such countries, especially Ukraine with which there were several "gas conflicts" throughout the last couple of years because of Kiev demanding lower prices for Russian gas.


Sources: Image: Rambler News

      Related News: Nord Stream to go operational on November 8 (3.10.2011)

      Russia Launches Major Gas Pipeline to Europe (13.09.2011)

Author: Julia Alieva

Tags: Resources Gazprom    

Next Previous

You might also find interesting:

The Most Popular Offshore Choice of Russians is the British Virgin Islands
Introduction of an Environmental Tax
The Top Selling Cars in Russia
Export Duty on Oil will be Gradually Reduced to Zero
The Index of Business Activity of Russian SMEs Dropped Down

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian business  Censorship  Kamchatka Cuisine  Archeological Finds  Exhibitions in Moscow  Modest Mussorgsky  Opposition  Russian Cinema  Danny DeVito  Mercedes-Benz Fashion Week Russia  Afghan  The Romanov Family  Yekaterinburg Transfer  Monuments in Moscow  Ufa  Tretyakov Gallery  Festivals in Moscow  Russian Bears  Classical Music  Museums of Smolensk  Unis Fair  Lewis Hamilton  Pushkin  Investments into Russia   Russian Monuments  Birchbark Handicrafts  SPIEF 2018  Russian tourism  crash  Russian universities  public transport  Russian cities attractions  Irina Bogacheva   Russian laws  Triumphal Arch  Chukotka  Moscow  May 6 rally  Romanovs  Barnaul  Ukraine  Russia-Libya  Russian Literature  Russian history  Elton John  St. Petersburg  Satellites  Comics  Russia international  Vandalism, Old Moscow 

Travel Blogs
Top Traveling Sites