February 2010 Vol. 237 No. 2

Projects

Nord Stream Project Wins OK From Germany

The Nord Stream natural gas pipeline project recently secured the first of two permits it is required to obtain from Germany. By obtaining permission for construction through German territorial waters, Nord Stream AG has obtained nearly all necessary approvals for the project to move into the construction phase. Having added approvals from Denmark, Finland, and Sweden — all of which had much stronger reservations to the project in the past — and with Germany and Russia both on board, Nord Stream AG can now move ahead with the next steps in its effort to begin delivering gas in 2011. Challenges still lay ahead. Poland wants the pipe buried under the Baltic Sea and it

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