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
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
