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CERAWeek: Wintershall head guarantees Nord Stream

02/16/2009
Wintershall Chairman Reinier Zwitserloot, speaking Feb. 10 in Houston during a Q&A session following a Eurasia Transportation session at Cambridge Energy Research Associates’ annual executive conference, placed the likelihood of completing the trans-Baltic Nord Stream natural gas pipeline at “100.00%.” The 762-mile, 48-in. Nord Stream would connect Russia directly to Germany. His remarks were made in reaction to earlier descriptions of Nord Stream as an alternative path for gas deliveries to Europe.Zwitserloot explained that by 2020 Europe will produce 100 billion cu m/year less gas than it currently does. At the same time, regardless of which studies one looks at an...
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