The Memorandum reflects the parties’ intent to implement a project for the construction of two gas pipeline strings from the Russian coast to the German coast via the Baltic Sea. The capacity of the new gas pipeline will reach 55 billion cubic meters a year.
The Yamal Peninsula is a special region of Russia. It is a real oil and gas depository of the country. Over 30 years employees of Spetsgazavtotrans perform their job duties in completely inhabitable living conditions.
ENGIE Group shows interest in the Nord Stream II project and ready to start talks on working out legally binding documents. The ENGIE participation in the project will make it truly pan-European and will serve as another example of the reliable and beneficial cooperation in the energy sector