Russia and Finland plan to continue work on the “Nord stream-2”


“Nord stream-2” was conceived as a purely commercial project, perceive it and its European partners, stressed the Prime Minister of Russia Dmitry Medvedev.

St. PETERSBURG, 29 Dec –. Russia and Finland intend to continue cooperation on the “Nord stream-2”, the project parties are considered as purely commercial, said Prime Minister Dmitry Medvedev.

Regarding Nord stream-2″, this is also a major project, also discussed here. We are talking about a commercial project, who’d tried to interpret. This is a normal business project, that’s exactly what he thought, and the Russian side, Russian companies, especially Gazprom, and European companies. In this form we want to profile. As far as I understand the position of my colleagues, Finland also sees this project as a purely commercial”, — Medvedev said after talks with Finnish Prime Minister.

According to him, it is planned to continue cooperation in this direction. “And given our experience on the project “Nord stream-1″ we intend to continue the cooperation based on this approach,” — said Medvedev.

The project “Northern stream-2” involves the construction of two pipelines with a total capacity of 55 billion cubic meters of gas per year from the coast of the Russian Federation through the Baltic sea to Germany. Gazprom will own 50%, BASF, E. ON, Engie, OMV, Shell — 10% in the project. The new pipeline is planned to be built close to the “Nord stream-1”.

Nord stream runs under the Baltic sea from Russian Vyborg to German Greifswald. It consists of two threads with a length of 1224 kilometers long with throughput capacity of 27.5 billion cubic meters of gas each year and is the longest underwater route of gas export in the world. The first phase of the pipeline was launched on 8 November 2011, the second in October 2012.