Nord Stream 2 receives permit to use Finnish Exclusive Economic Zone for building pipeline
RELEASE
Nord Stream 2 AG
Baarerstrasse 52
6300 Zug
Switzerland
Moscow Branch
7/3 Znamenka St.,
119019 Moscow, Russia
+7 495 229-65-85
+7 495 229 65 80 fax
St. Petersburg Branch
14a Reshetnikova St.,
196105 St. Petersburg, Russia
+7 812 331-16-71
+7 812 331 16 70 fax
News from projects and regions
Nord Stream 2 AG today received the Finnish Government’s consent for the use of the Finnish Exclusive Economic Zone (EEZ) for the construction of the Nord Stream 2 natural gas pipeline. The permit for a 374-kilometer offshore section running through the Finnish EEZ outside the country’s territorial waters was issued by the Finnish Ministry of Economic Affairs and Employment.
“We are very pleased to have obtained this permit after an extensive and thorough permitting process. It marks yet another important milestone for the Nord Stream 2 project,” said Tore Granskog, Permitting Manager Finland at Nord Stream 2 AG.
In Finland, Nord Stream 2 AG needs to obtain two permits for the construction and operation of the gas pipeline in the Finnish EEZ. The second permit is to be granted under the Water Act and a decision is expected to be made within the next weeks. The company has already received all necessary permits in Germany. The national permitting procedures in the other three countries along the route – Sweden, Russia, and Denmark – are proceeding as planned.
Background
Nord Stream 2 is an international project for the construction of a gas pipeline across the Baltic Sea. The pipeline will provide reliable supplies of Russian natural gas to European consumers via the best possible route. Nord Stream 2 will largely follow the route and technical concept of the successful Nord Stream pipeline. The new gas pipeline will have the capacity of 55 billion cubic meters of gas per year, which will be sufficient to provide 26 million households with heat and electricity every year. Natural gas supplies will help lower CO2 emissions across the European Union, as well as create a more balanced energy mix with gas substituting for coal in power generation and providing back-up for intermittent renewables such as wind and solar power.