Gazprom has conceived twice extend the Nord Stream

"Gazprom" in the coming months will begin a feasibility study (FS) for the third and fourth branches of the gas pipeline "Nord Stream". On this, as reported by RIA Novosti, the head Alexei Miller.
Photo source:neftegaz.ru

"In 2012, we will launch a second line of the Nord Stream. With foreign partners, we have already begun preliminary talks on further development. In the coming months, will begin a feasibility study on the third and fourth branches. This would bring the total exports by the "Nord Stream" to 110 billion cubic meters of gas per year "- Miller said at the signing ceremony of a cooperation agreement with the administration of St. Petersburg.

The project to build a gas pipeline "Nord Stream", "that will link Russia and Germany via the Baltic Sea, originally called for laying two lines with a total capacity of 55 billion cubic meters of gas per year. First branch of the pipeline was launched in 2011 and the second phase is scheduled to be in 2012. On design capacity is to be no earlier than 2014.

With the help of the gas pipeline "Nord Stream" Russian fuel to European consumers will be able to ship without intermediaries. The project deals with "Gazprom" with German companies E.On and BASF, and Dutch Gasunie and French GDF Suez. Two stage of the pipeline will cost 8.8 billion euros.

In the summer of 2011, Russian Prime Minister Vladimir Putin said that Russian officials can offer Germany, which will experience a shortage of energy due to the decision to phase out nuclear power, build a third branch "Nord Stream". However, German Chancellor Angela Merkel later said that Germany does not need to increase gas imports from Russia and the construction of the third branch of "Nord Stream". Merkel said that the deficit will not be repaid through increased imports, and by reducing costs and switch to renewable sources of energy.

It should be noted that in late December, Russia and Turkey have agreed to issue a final permit for the construction of another large-scale project of "Gazprom" — the gas pipeline "South Stream", which is also intended for the supply of Russian gas to Europe.

"South Stream" is designed for the annual transportation of 63 billion cubic meters of Russian gas to Europe in 2015, bypassing transit countries — Ukraine and Belarus. The project cost is estimated at 15.5 billion euros. "Gazprom" in the project is owned 50 percent.

Construction of the pipe, however, will depend on the success of negotiations with Kiev. It is possible that "Gazprom" may waive the "South Stream" in the event that the company will be able to buy or control the Ukrainian pipe (volume pumping fuel through Ukraine last year exceeded 95 billion cubic meters). Negotiations with Kiev moved to the middle of January next year.

It should be noted that in case Russia will be able to build a "Southern" and the four branches of "Nord Stream", the Ukrainian GTS Moscow to transport gas to the EU no longer need it.

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