Online Newsletter
Sign up for our newsletter to receive the latest news and information from publics.bg

News

World news

09.04.2010 16:28

Official Start of Nord Stream Pipeline

Alexey Miller said the gas pipeline would strenghten the continent

AUTHOR: publics.bg

© Gazprom

In the presence of President of Russia Dmitry Medvedev and representatives of the countries participating in the project the gas transportation systems of Russia and Europe were symbolically welded together. This was announced in an official release of Gazprom today.

“I am sure that connecting the gas pipeline systems of Russia and Europe is a fundamentally new approach to ensuring the continent's energy security. The Nord Stream pipeline will not only ensure the highest reliability of supply, but will also make it possible to continue to meet Europe's growing demand for natural gas. Our collaboration with major European energy companies on the Nord Stream project will no doubt become a model of international cooperation for other large-scale gas transmission projects,” said Alexey Miller.

“There is a decisive reason for the E.ON Ruhrgas commitment to Nord Stream: Germany and Europe need the pipeline as an element of a diversified transmission infrastructure so that deliveries from Russia can be placed on a broad foundation. Nord Stream will create a direct link between gas fields in Russia and sales markets in Western Europe and will be able to provide transmission capacity for a significant part of the additional gas import needs anticipated by the EU,” said E.ON Ruhrgas board chairman Bernhard Reutersberg.

“Natural gas is the climate-friendly energy source of the 21st century. Nord Stream represents another major supply route for bringing clean gas to Europe, supplementing other sources in Europe, North Africa and the Middle East,” said Dr. Rainer Seele, board chairman of Wintershall Holding.

“Nord Stream adds to and diversifies Europe's energy supply routes and thus contributes to future energy security. Customers all over Europe are increasingly aware of the role that gas has to play if we are to have a more sustainable future energy balance. Because of Nord Stream, we can now count on greater long-term continuity in gas supply,” said Marcel Kramer.