Nord Stream AG has finalised agreements with German, Finnish, Swedish, Danish and Russian fishery associations on compensation and mitigation measures to be undertaken during the construction and operation of the twin 1,220 km Nord Stream natural gas pipelines.
The joint venture – consisting of Gazprom, BASF/Wintershall Holding AG, E.ON Ruhrgas AG and NV Nederlandse Gasunie – assessed the possible impact on fishing activities as the planned pipelines were expected to cross fishing grounds in the Baltic Sea, particularly those close to Bornholm, Denmark. Nord Stream’s studies had concluded that there would be some minor local impacts.
Nord Stream has agreed to compensation due to fishing restrictions that will occur during the construction of the two pipelines, with fishermen in the region asked to modify their trawling patterns and fishing techniques in certain areas.
The two parallel pipelines will transport natural gas from Russia to European Union countries. The first pipeline will be operational by 2011, and is expected to have a capacity of approximately 27.5 Bcm/a.
The second pipeline will go online during the second phase of the project, with full capacity expected to reach 55 Bcm/a.
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