Gazprom gets Finnish approval to build Nord Stream 2 gas pipeline
MOSCOW (Reuters) - Finland has approved the construction of the Nord Stream 2 gas pipeline through Finland’s economic zone, the Finnish government and Russian gas exporter Gazprom said.
|Nord Stream 2 between Russia and Germany, which would run for around 375 kilometers across Finland’s economic zone through the Baltic Sea. MAP SOURCE: EWA
The pipeline between Russia and Germany, which would run for around 375 kilometers across Finland’s economic zone through the Baltic Sea, still requires a construction permit from local Finnish authorities.
The pipeline’s operator Nord Stream 2 AG said it expected the second permit “within the next weeks”.
Nord Stream 2, planned to run from Russia across the bed of the Baltic Sea to Germany, would double the existing Nord Stream pipeline’s current annual capacity of 55 billion cubic meters.
Eastern European and Baltic states fear the pipeline could increase reliance on Russian gas and undermine Ukraine’s role as a gas transit route, but Germany and other beneficiaries in northern Europe back the project.
Germany has approved the pipeline and the project is currently collecting permits from Russia, Sweden and Denmark.
Late last year, Denmark passed a law that could allow it to ban the pipeline from going through its waters.
Reporting by Oksana Kobzeva; writing by Andrey Ostroukh; additional reporting by Tuomas Forsell from Helsinki; editing by Jason Neely and Jane Merriman
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.
Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants
Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
•Maximize NGL production through improved availability and optimized process conditions
•Improve compositional control to operate closer to product specifications
May 22, 2018 10am CDT