Finland to back Nord Stream gas pipeline project
Oct 07, 2009 02:00 AM
Finland, which earlier raised environmental concerns over the proposed 1,200-km long Nord Stream gas pipeline
project, is set to give its approval to the project, a report said.
Finland's Minister of European and Migration Affairs Astrid Thors expected his country to give an environmental
approval to the project. The pipeline will pass through under the Baltic Sea from Siberia to Europe.
The project is scheduled to be completed in 2012. The first of two parallel pipelines, with a transport capacity of
about 27.5 bn cm per annum, will be operational in 2010.
The pipeline is being jointly built by Russia's Gazprom, Germany's E.ON and BASF, and Dutch firm Gasunie at an
estimated cost of $ 12 bn (EUR 8.4 bn).
