Come over to the dark side, we have cookies
25 October 2014 18:34 (South Africa)

The Baltic Sea pipeline gets a major boost

  • Branko Brkic
putin

The Russian-German consortium, Nord Stream, was jubilant on Thursday after Sweden and Finland approved the parts of the gigantic gas pipeline that would go through their waters. Nord Stream, owned by Russia's Gazprom, Germany's BASF and E.ON, plans to build a natural gas pipeline from Russia to Western Europe as an alternative to the current one, which presents a continuous risk of supply disruptions thanks to a long-standing dispute between Russia and Ukraine. Russian Prime Minister Vladimir Putin was jubilant and profusely thanked Sweden and Finland on their “wise” decision. The new pipeline will probably start operating in 2012. Read more: Reuters

  • Branko Brkic


Comments
Our policy dictates first names and surnames must be used to comment on articles. Failure to do so will see them removed. We also reserve the right to delete comments deemed lewd, racist or just generally not contributing to intelligent debate that have been flagged by other readers. As a general rule of thumb, just avoid being a douchebag and you'll be ok, both on these pages and in life. Read the full policy here

blog comments powered by Disqus