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.
We all observe that the hydrocarbons market features diverse trends now. However, one trend is vital for the Russian economy as well as for Gazprom – the trend of the continuously growing demand for Russian gas in foreign markets.