By Alla Petrova
Nord Stream AG is pleased to announce that all three sections of its first 1,224 kilometre gas pipeline through the Baltic Sea have now been laid and will be joined together underwater off the coast of Finland and Sweden in the summer. The new pipeline system will start transporting natural gas from Russia directly to the European Union on schedule in the last quarter of 2011. Construction of the second of the twin pipelines is scheduled for completion in 2012, informed BC press service of Nord Stream.
When both lines are completed in late 2012, Nord Stream will have the capacity to transport 55 billion cubic metres (bcm) of gas per year from Russia to Europe, enough to supply 26 million homes. No other major new pipeline with a capacity over 10 bcm is expected to come on-stream before 2015.
Read more in http://www.baltic-course.com/