The Nord Stream Project, an offshore natural gas pipeline project due to link Russia and the European Union via the Baltic Sea, will result in two offshore pipelines, each being approximately 1,220 km in length, laid on the seabed of the Baltic Sea. The second pipeline of the Nord Stream project will also be routed from Vyborg, north-west of St. Petersburg, to Lubmin, Germany. Nord Stream AG is an international joint venture company established for the planning, construction and subsequent operation of the Nord Stream Pipeline. Russian OAO Gazprom holds a 51 percent stake of the joint venture. German companies, BASF/Wintershall Holding AG and E.ON Ruhrgas AG, hold 20 percent each, and a Dutch gas infrastructure company, N.V. Nederlandse Gasunie, has a 9 percent stake.
展开▼
