First Nord Stream pipeline running at full capacity - Gazprom

23 May 2012 16:25  [Source: ICIS news]

LONDON (ICIS)--The first pipeline of the Russia-to-Germany Nord Stream twin pipeline system has reached its maximum supply capacity, Gazprom said on Wednesday.

The line, which became operational last November, was now running at the top rate of 27bn cubic metres/year (27bcm/year), it added.

The second line of the twin system, which has the same capacity, is scheduled to come onstream towards the end of this year, according to the latest schedule of the Nord Stream consortium.

The consortium, based in Switzerland, is 51% owned by Russian state gas monopoly Gazprom, while BASF’s Wintershall, and also E.ON Ruhrgas, Nederlandse Gasunie and GDF Suez are minority shareholders.

By: Will Conroy
+44 20 8652 3214

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