Bloomberg News

German NEL Gas Pipeline Delayed by One Year, RBC Daily Says

March 15, 2012

The planned NEL European natural- gas link that will hook into the Nord Stream pipeline carrying Russian fuel, may be delayed by a year, RBC Daily reported today, citing Hans-Georg Egelkamp, the head of the project.

The link in Germany, designed to take gas from the OAO Gazprom-led Nord Stream pipeline when it reaches full capacity of 55 billion cubic meters a year, has to be rerouted after local opposition, making the new route longer and more expensive, the Russian newspaper reported. It may be completed in 2013, the paper said.

NEL, which will complement the existing onshore OPAL pipeline, will have to reserve 35 percent of capacity to suppliers other than Gazprom, RBC Daily said.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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