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  • Gazprom and ENGIE discuss next steps to deliver Nord Stream II project
    édité le 09/10/2015 - Plus de news de "GAZPROM" - Voir la fiche entreprise de "GAZPROM"


Gazprom and ENGIE discuss next steps to deliver Nord Stream II project
As part of the 5th St. Petersburg International Gas Forum, a working meeting took place between Alexey Miller, Chairman of the Gazprom Management Committee and Jean-Francois Cirelli, Special Advisor to the Presidency of ENGIE (Gas Supplies).

The parties considered the outlook for future cooperation in the energy sector. Special attention was given to increasing the efficiency of Russian gas supplies to consumers in France and Europe in general. For instance, the meeting noted the success of the Nord Stream project that had proved to be effective in terms of direct supplies to Europe.

In addition, the participants discussed the next steps to build a new export route – Nord Stream II. It was unanimously agreed that the said infrastructure project was vitally important for securing reliable gas supplies to Europe.

About Nord Stream II

ENGIE is a prominent European energy company focused on power generation as well as natural gas exploration, production, processing and marketing projects.

The cooperation between Gazprom and ENGIE in the gas supply area started back in 1975. In 2006 Gazprom and ENGIE signed the Agreement to extend all the three existing contracts for Russian natural gas deliveries to France till 2030. In addition, the parties agreed on additional gas supplies to ENGIE through Nord Stream. At present, ENGIE’s contractual gas volumes for this pipeline are 2.5 billion cubic meters per annum.

Running from Russia to Germany under the Baltic Sea, Nord Stream is an export gas pipeline with an annual capacity of 55 billion cubic meters. Nord Stream AG is a joint company (Gazprom holds 51 per cent, Wintershall and E.ON – 15.5 per cent each, Gasunie and ENGIE – 9 per cent each) operating the project.

On September 4, 2015 Gazprom, E.ON, Shell, OMV, BASF and ENGIE inked the Shareholders Agreement to construct the Nord Stream II gas pipeline system with the capacity of 55 billion cubic meters of gas a year from Russia to Germany across the Baltic Sea. In 2014 Gazprom supplied France with 7.095 billion cubic meters of gas.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.

Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.

About ENGIE

ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation, security of supply and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 152,900 people worldwide and achieved revenues of €74.7 billion in 2014. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).


Origine : Communiqué GAZPROM

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