Nord Stream Consortium Hires Former Finnish Premier
Former Finnish prime minister Paavo Lipponen has been hired as a consultant by a consortium that plans to build an underwater Baltic Sea gas pipeline from Russia to Germany, reports said Friday.
Lipponen, who served as prime minister 1995 to 2003, was to help speed up the application process in Finland and serve as a link between Nord Stream and Finnish authorities, the Helsingin Sanomat newspaper said.
The veteran Social Democrat was an early backer of the project that has generated concerns over its possible impact on the environment as well as calls for a land-based route instead of the planned underwater pipeline.
The 1,200-kilometer pipeline would run from Vyborg in Russia to Greifswald, Germany.
The consortium includes Russian gas giant Gazprom, Germany's BASF/Wintershall and EON Ruhrgas and Dutch group Gasunie.
Earlier this week, Nord Stream published an overview of the project to date.
The report said the Nord Stream AG consortium had considered various routes and concluded that "the off-shore route turns out to be the more environmental friendly," citing that a land-based route would "cross ecologically sensitive areas on land and possibly conflict with alternative land use."
Copyright 2008 dpa Deutsche Presse-Agentur GmbH
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Rooftop Solar Now 4th Largest Source of Electricity in Australia
- US Confirms Reimposition of Oil Sanctions against Venezuela
- Analyst Says USA Influence on Middle East Seems to be Fading
- EU, Industry Players Ink Charter to Meet Solar Energy Targets
- Russian Ships to Remain Banned from US Ports
- Brazil Court Reinstates Petrobras Chair to Divided Board
- EIB Lends $425.7 Million for Thuringia's Grid Upgrades
- Var Energi Confirms Oil Discovery in Ringhorne
- Seatrium, Shell Strengthen Floating Production Systems Collaboration
- An Already Bad Situation in the Red Sea Just Got Worse
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- USA Regional Banks Dramatically Step Up Loans to Oil and Gas
- EIA Raises WTI Oil Price Forecasts
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Venezuela Authorities Arrest Two Senior Energy Officials
- Namibia Expects FID on Potential Major Oil Discovery by Yearend
- Oil Markets Were Already Positioned for Iran Attack
- Is The Iran Nuclear Deal Revival Project Dead?
- Petrobras Chairman Suspended
- Oil and Gas Executives Predict WTI Oil Price
- An Already Bad Situation in the Red Sea Just Got Worse
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally