Baltic, BASF, BASF/Wintershall, corruption, E.ON, East Germany, Energy security, Engie, EU, european energy security, European policy, Gazprom, geothermal energy, Germany, hydro, LNG, Merkel, natural gas, Nord Stream 2, Nord Stream pipeline, OMV, Paris Climate Conference, pipeline project, Poland, Putin, renewable energy, risk management, Russia, Shell, solar energy, sustainable biomass, Switzerland, Ukraine, wind, Wintershall
Germany recently approved its leg of the pipeline, but Finland, Sweden, Denmark, and even Russia have not.
(Update note – Finland just partially approved today.)
Via Heinrich Boell Stiftung (https://www.boell.de/en ):
“Nord Stream 2 – not a Private Matter Apr 22, 2016
by Annalena Baerbock, Oliver Krischer, Dr. Anton Hofreiter, Marieluise Beck, Bärbel Höhn, Dieter Janecek, Omid Nouripour, Manuel Sarrazin, Dr. Julia Verlinden
In 2015, the Russian energy supplier Gazprom agreed with E.ON, Shell, Engie, BASF/Wintershall and OMV that the Nord Stream pipeline was to be expanded in order to deliver more gas to Germany from Russia. A new 1,200-kilometre-long pipeline was to double existing capacity by 2019.
Even though the first two lines are only running to 70 per cent capacity at present, the Nord Stream 2 project is intended to supply a further 55 billion cubic metres of gas to Germany every year. The company New European Pipeline AG was set up for this purpose. It is registered in Switzerland, outside the European Union, and Gazprom owns 50 per cent of its…
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