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15 February 2010 at 12:35 IST
Russia may start gas pumping to Europe in Sept 2011
MOSCOW (Commodity Online): The construction of Baltic Nord Stream pipeline for the supply of Russian natural gas to Europe will be completed in May 2011 and the pumping would start in September, said Russian Prime Minister Vladimir Putin.
Pipeline construction on sea and land in Germany and Russia would be completed in May 2011 and it is expected to start pumping gas in September, Putin said at a meeting with Marcel Kramer, CEO of Dutch Gasunie, which has a 9% stake in the project.
Earlier on Friday, Russia's Gazprom received its final permit from Finland to build the $10 billion pipeline, which will allow the world's largest gas producer to bypass traditional transit countries blamed for previous disruptions in gas supplies to Western Europe.
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