1 October 2009
GDF Suez to join Nord Stream but project still waiting for green light
Nord Stream expects approval, as GDF plans to join the pipeline consortium
By Derek Brower Nord Stream has yet to receive approval from any of the Baltic littoral states for its proposed pipeline between Russia and Germany, but construction should still begin in April 2010, the head of the company said yesterday. Briefing journalists at the WGC in Buenos Aires, Matthias Warnig said he hoped the company would receive its first approval by the end of October and the rest by the end of the year. "We're stoical about it," he said, adding that Nord Stream had spent "so much money" on environmental-impact studies that it was not considering the possibility that the approvals would be denied. He added that GdF Suez could soon join E.On Ruhrgas, BASF/Wintershall, Gasunie a
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
