2 November 2009
'Stoical' Nord Stream upbeat despite obstacles
THE NORD Stream gas pipeline is still stuck in the planning stages and has numerous obstacles to overcome. But the project's investment partners remain optimistic about its prospects, writes NJ Watson. Construction is still scheduled to begin in April 2010, the head of the Nord Stream consortium, Matthias Warnig, told journalists at last month's World Gas Conference (WGC) in Buenos Aires – although the pipeline has yet to receive approval from any of the Baltic Sea's littoral states for the route. Nord Stream will run from Siberian gasfields direct to Germany, across the Baltic Sea. If it can meet the consortium's optimistic construction schedule, it will be able to deliver 55.0bn cm/y of R
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
