Nord Stream 2 AG
Permitting of Sub-sea Natural Gas Pipeline
We assisted Nord Stream 2 AG with the permitting in Finland of the twin sub-sea natural gas pipeline system, the largest currently on-going infrastructure project in Europe. Nord Stream 2 needs two permits to lay pipelines within the Finnish Exclusive Economic Zone (EEZ): The Government Consent for the use of the Finnish EEZ, and the permit for pipeline construction and operation. The applications were submitted after completion of the national Environmental Impact Assessment (EIA) procedure.
The Ministry of Economic Affairs and Employment handled the process for the Government Consent for the use of the Finnish EEZ. The Consent was granted on April 5, 2018.
The Regional State Administrative Agency Southern Finland handled the permit for pipeline construction and operation according to the Water Act. The water permit was granted on April 12, 2018, completing the permitting procedure in Finland. The water permit is currently under appeal, but as Nord Stream 2 was granted authorisation for preparation the construction works have commenced.
Nord Stream 2 AG has submitted to the relevant national authorities in Finland the results of its quarterly environmental monitoring reports for the 2nd through 4th quarter of 2018. Based on results, environmental impacts were observed to be in line or smaller than assessed in Nord Stream 2’s permit applications.
The Nord Stream 2 pipeline will transport natural gas into the European Union to enhance the security of supply, support climate goals and strengthen the internal energy market. To meet demand, the EU needs reliable, affordable and sustainable new gas supplies. The Nord Stream 2 Pipeline will provide this by transporting gas from the world’s largest reserves in Russia to the EU.
Nord Stream 2 AG is a project company established for planning, construction and subsequent operation of the Nord Stream 2 pipeline. The company is based in Zug, Switzerland and owned by Public Joint Stock Company (PJSC) Gazprom. PJSC Gazprom is the largest supplier of natural gas in the world, accounting for approximately 15% of world gas production. Nord Stream 2 AG signed financing agreements for the project with ENGIE, OMV, Shell, Uniper and Wintershall.
Matias Wallgren and Heidi Malmberg also assisted Nord Stream AG in the permitting of the first twin sub-sea natural gas project.