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
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
