Gazprom and Gasunie mention need for creating additional gas supply routes to Europe
In 2008 Gasunie was registered as a Nord Stream AG shareholder (with a 9 per cent stake).
In 2013 Gazprom and Gasunie signed the Memorandum of Understanding on Strategic Cooperation, providing for enhancing cooperation between the companies in such areas as gas infrastructure development, Nord Stream expansion, LNG, energy efficiency, innovative technologies, environmental protection, educational projects, information and cultural exchange.
Nord Stream is an export gas pipeline running across the Baltic Sea from Russia to Germany, with the annual capacity of 55 billion cubic meters of gas. A 1,224-kilometer gas pipeline consists of two strings. Nord Stream AG, a joint project company (Gazprom holding a 51 per cent stake, Wintershall Holding and E.ON Global Commodities – 15.5 per cent each, Gasunie and GDF Suez – 9 per cent each) is the project operator.
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