Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

#BringBackOurGirls - anger and a sense of déjà vu

Read more

FOCUS

Italy helps integrate asylum seekers through training

Read more

FOCUS

'It's a jungle': Living on the street in the City of Light

Read more

THE DEBATE

Boko Haram Kidnappings: Can Nigerian schoolgirls be protected?

Read more

PEOPLE & PROFIT

Brand Trump: Has the US president damaged his company's reputation?

Read more

ENCORE!

Oscars sneak peek: 'Call Me By Your Name', 'I, Tonya' and 'Darkest Hour'

Read more

FRENCH CONNECTIONS

Are the French rude, or is it a big misunderstanding?

Read more

INSIDE THE AMERICAS

Gun control in the US: A glimmer of compromise?

Read more

THE INTERVIEW

Opposition activist Evan Mawarire: Zimbabweans hope they can 'reset our future'

Read more

Business

Nord Stream pipeline construction starts

Text by News Wires

Latest update : 2010-04-09

Russian President Dmitry Medvedev is expected to attend a ceremony on Friday to officially mark the start of construction of the Nord Stream pipeline, which will transport Russian natural gas across the Baltic Sea to Germany.

AFP - Russia's gas giant Gazprom on Wednesday launched construction of the Nord Stream pipeline from Russia to the European Union under the Baltic Sea, the RIA Novosti news agency reported.

The first pipe that would make the pipeline linking Russia and Germany was laid under the Baltic Sea, the agency said quoting Gazprom sources.

Official launching ceremony would be held on Friday, with Russia's President Dmitry Medvedev "confirming he would take part in the festivities," Gazprom officials said.

Nord Stream plans to build a 1,220-kilometre (760-mile) pipeline to deliver gas to Germany, a 7.4-billion-euro project led by Russian state-run energy giant Gazprom in partnership with Germany's E.On Ruhrgas and BASF-Wintershall.

It will link the Russian city of Vyborg and Greifswald in Germany, running under the Baltic Sea and passing through Russian, Finnish, Swedish, Danish and German waters.

Some 375 kilometres of pipeline are expected to go through the Finnish economic zone, and construction is due to begin this year, the authority said.

A quarter of the gas consumed in the European Union comes from Russia.
 

Date created : 2010-04-09

COMMENT(S)