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2016-03-15 19:10:00

PIPES FOR THE NORD STREAM

PIPES FOR THE NORD STREAM

The consortium behind the Nord Stream 2 pipeline extension project has announced that it has chosen its final suppliers of steel pipes for the project's two planned lines. Each is to be capable of carrying 27.5bn m/yr, under the Baltic Sea to northern Germany.

The suppliers were chosen after a tender award. The tender covers 2,500 km of large-diameter pipes with a total weight of roughly 2.2mn metric tons. In an announcement on March 11, the consortium said that it had chosen three firms for the supply: Germany-based Europipe for 40% of the required steel pipes; Russia's United Metallurgical Company (OMK) for 33%; and Russian firm Chelyabinsk Pipe-Rolling Plant (Chelpipe) for the remaining 27%.

The relevant contracts will be signed in the coming weeks, Nord Stream 2 AG said, subject to final negotiations.

The pipes will be delivered this coming September.

In the statement, Nord Stream 2 AG said the decision on the tender now was a prerequisite for keeping the pipeline construction on schedule with the expected start-up of construction of both pipelines in 2018. Commissioning is expected in late 2019, according to shareholder OMV last month, which suggests commercial flows could start in the spring of 2020 – the year that the Shah Deniz gas is due to reach Europe but in smaller quantities and from the south.

Despite opposition to the pipeline extension project by a number of European Union member states, and attempts to block it by some blocs of the European Union parliament, progress continues. On March 10, Gazprom, which has a 50% stake in Nord Stream 2, said CEO Alexei Miller had met with officials from the other stakeholder companies in Zurich.

Present were Klaus Schaefer, the CEO of German Uniper; Hans-Ulrich Engel, executive board member of German chemicals giant BASF; Rainer Seele, the CEO of Austrian OMV; Pierre Chareyre, an executive vice-president of French Engie; and Maarten Wetselaar, a member of Anglo-Dutch Shell's executive committee. The five companies each hold 10%.

The meeting addressed issues related to the Nord Stream 2 project but Gazprom gave no further details.

naturalgaseurope.com

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More: 

СТРОИТЕЛЬСТВО СЕВЕРНОГО ПОТОКА 

NORD STREAM'S RECORD 

NORD STREAM -2 WILL BE BUILT 

NORD STREAM - 2: A SHOT IN THE FOOT 

NORD STREAM II: PRAGMATIC SOLUTION

 

 

Tags: NORD, STREAM, GAZPROM, GAS, PIPELINE, RUSSIA, EUROPE

Chronicle:

PIPES FOR THE NORD STREAM
October, 20, 12:10:00

NORWAY'S PRODUCTION DOWN 171 TBD

NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.

PIPES FOR THE NORD STREAM
October, 20, 12:05:00

ЦЕНА URALS: $ $55,55881

Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2017 года составила $55,55881 за баррель, или $405,6 за тонну.

PIPES FOR THE NORD STREAM
October, 18, 19:10:00

OIL PRICE: ABOVE $58

Brent crude futures, the international benchmark for oil prices, were at $58.16 at 0643 GMT, up 28 cents, or 0.5 percent from their last close - and almost a third above mid-year levels. U.S. West Texas Intermediate (WTI) crude futures were at $52.03 per barrel, up 15 cents, or 0.3 percent, and almost a quarter above mid-June levels.

PIPES FOR THE NORD STREAM
October, 18, 19:05:00

РОССИЯ: БОЛЬШЕ НЕФТИ И ГАЗА

Александр Новак отметил рост основных показателей всех отраслей энергетики в прошлом году: «Мы имеем рекордные показатели за прошлый год по добыче нефти, угля. Идёт рост добычи и экспорту газа, в том числе в Европу на уровне 15 процентов. По углю мы наблюдаем рост добычи даже больше уровня прошлого рекордного года. Также отмечается рост производства электроэнергии на 2%, что говорит об оживлении экономики».

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