Nord Stream 2: Project Implementation
How is construction progressing on Nord Stream 2? Independent expert Natalya Kuznetsova, Project Director for the Midstream Oil and Gas Congress (MOGC 2019), gives her commentary on it.
The world energy map is changing and the expansion of the pipeline infrastructure is becoming one of the key questions for the midstream industry. Pipelines connect countries like Canada and America, Saudi Arabia and Bahrain, the great quad of Afghanistan, Turkmenistan, Pakistan and India, and many others. Russia is not an exception towards pipeline projects. Among the most outstanding are the Power of Siberia pipeline, TurkStream, and Nord Stream 2 (NS2).
Opportunity for international co-operation
The project —with a budget estimated at €9.5 billion (US$11 billion), more than half financed by Gazprom, and the rest sponsored by Engie, OMV, Royal Dutch Shell, Uniper, and Wintershall— is implemented by the Nord Stream 2 AG company. Nord Stream 2 starts in the area to the North of Saint Petersburg, called Ust-Luga, and stretches across the Baltic Sea to the Greifswald area in Germany. In total, covering more than 1200 km. The construction includes both onshore and offshore segments, making NS2 a separate market and providing an opportunity for co-operation and experience exchange for large international oil and gas companies. The construction itself involves such companies as Europipe, Mülheim, United Metallurgical Company, and Chelyabinsk Pipe-Rolling Plant in terms of steel pipes supply, Bokaalis-Van Oord for rock placement activities, and Kvaerner within the scope of works at onshore facilities in Russia.
You can read the full article at WorldPipelines.com
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