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Nord Stream project enters final stage

Photo: Nord-Stream.com

Russia’s Nord Stream pipeline project has entered its final stage, as 70 percent of the first line to connect Russia and Germany across the Baltic Sea bed has been laid.

Location

The 1,224 kilometer long pipeline will run from Russia’s Vyborg to Germany’s coastal town of Lubmin in Mecklenburg-Vorpommern. It will consist of two parallel lines. A total of 850 kilometers of pipes had been already laid, Voice of Russia writes.

The first pipeline, with a transmission capacity of around 27.5 billion cubic metres a year is due for completion in 2011. The second line is due to be completed in 2012, doubling annual capacity to around 55 billion cubic metres. This is enough to supply more than 26 million households in Europe, the project’s web site reads.

The 7.4 billion EUR Nord Stream project is developed jointly by the companies Gazprom, BASF SE/Wintershall Holding GmbH, E.ON Ruhrgas, Gasunie and GDF SUEZ. Gazprom holds a 51 percent stake in the joint venture.