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News Nord Stream route to be changed due to environmental concerns

Participants in the project to lay the Nord Stream natural gas pipeline under the Baltic Sea are ready to alter the route in line with Finland's environmental concerns. The construction of the 6 billion-euro pipeline, due to eventually pump 55 billion cu m of gas per year to Western Europe bypassing traditional transit nations, has been repeatedly delayed over Baltic nations' environmental and security concerns. Nord Stream is currently run by Gazprom, with a 51% stake, Germany's Wintershall Holding and E.ON Ruhrgas, holding 20% each, and Dutch Gasunie with 9%.Russia provides 100% of Finland's gas requirements, and some 70% of its crude oil supplies. 

Concerned URL http://eco.rian.ru/business/20090603/173166268.html [open in new window]
Source of information RiaNovosti
Release date 04/06/2009
Contributor Elena Nikitina

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