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NATURAL GAS
18 June 2015 | by Gabor Chodkowski-Gyurics

Gazprom aims to build new pipeline to Germany

Gazprom aims to build new pipeline to Germany
Russian gas company Gazprom signed a memorandum of understanding with Shell, E.ON and OMV on June 18 concerning construction of a new gas pipeline to Germany that would double the current capacity of the existing Nord Stream pipeline currently linking the two countries to 55 billion cubic meters per year. The project’s timeline has not been provided.

Gazprom’s spokesman Sergey Kupriyanov told reporters the Russian company would retain 51 percent of the joint project and that the route is expected to follow that of Nord Stream, a 1,224-kilometer pipeline stretching along the southern shore of the Baltic Sea.

"The implementation of Nord Stream has demonstrated that transporting gas through the Baltic Sea is a reliable solution that helps to meet the energy demand," Germany's largest gas supplier Eon said in a statement that day.

The proposed pipeline - along with the Turkish Stream, a planned pipeline through the Black Sea with expected annual capacity of 63 billion cubic meters of gas - is Gazprom’s attempt to circumvent Ukraine for gas deliveries, as Russia considers Kyiv an unreliable transit partner.





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