|Project Details||The Nord Stream Natural Gas Pipeline was launched in November 2011. The Nord Stream twin pipeline system through the Baltic Sea runs from Vyborg, Russia to Lubmin near Greifswald, Germany. The pipelines were built and are operated by Nord Stream AG. The Nord Stream route crosses the Exclusive Economic Zones of Russia, Finland, Sweden, Denmark and Germany, as well as the territorial waters of Russia, Denmark, and Germany. The two 1,224-kilometre offshore pipelines are the most direct connection between the gas reserves in Russia and energy markets in the European Union. Combined, the twin pipelines have the capacity to transport a combined total of 55 billion cubic metres (bcm) of gas a year to businesses and households in the EU for at least 50 years.|
In June 2015, an agreement to build two additional lines was signed between Gazprom, Royal Dutch Shell, E.ON, OMV, and Engie. As the creation of a joint venture was blocked by Poland, on 24 April 2017, Uniper, Wintershall, Engie, OMV and Royal Dutch Shell signed a financing agreement with Nord Stream 2 AG, a subsidiary of Gazprom responsible for the development of the Nord Stream 2 project. According to the agreement, each of five companies will provide €950 million, of which €285 million should have been paid in 2017. The loan from the five companies will cover 50% of the project costs of €9.5 billion. The rest would be financed by Gazprom which remains the sole shareholder of Nord Stream 2 AG. Although the pipeline has received no formal approvals from Denmark and Finland, it is scheduled to become operational in 2019–2020. The new line is planned to double the system’s capacity to 110 billion cubic meters.
The route of additional lines would mainly follow the route of existing lines, except in the Russian onshore and offshore sections. In Russia, 866 kilometres (538 mi) of new pipeline and three compressor stations would be built, and five existing compressor stations would be expanded for feeding Nord Stream 2. Nord Stream 2 will start at the Slavyanskaya compressor station near Ust-Luga port, located 2.8 kilometres (1.7 mi) south-east of the village of Bolshoye Kuzyomkino (Narvusi) in the Kingiseppsky District of the Leningrad Oblast, in the historical Ingria close to the Estonian border. Its landfall would be at the Kurgalsky Peninsula on the shore of Narva Bay.