Nord Stream is a joint project involving five major companies: OAO Gazprom, Wintershall Holding GmbH (a BASF subsidiary), E.ON SE, N.V. Nederlandse Gasunie and GDF SUEZ SA. Such a powerful consortium guarantees the best technology, security and corporate governance.
OAO Gazprom is the largest supplier of natural gas in the world, accounting for approximately 15 percent of world gas production. It was established as a joint stock company in 1993, and is partly owned by the Russian state (50.002 percent). Core activities include exploration, production, transportation, storage, processing and marketing of hydrocarbons as well as generation and marketing of heat and electric power. Gazprom controls approximately 70 percent of Russian gas reserves, produces 78 percent of all Russian natural gas and generates 17 percent of the electricity in Russia. The company is a leader in the construction and operation of pipelines. It controls a 161,700 kilometre-long pipeline network, which transports roughly 660 bcm of natural gas per annum.
Wintershall Holding GmbH specialises in energy and is a wholly owned subsidiary of BASF SE, the world's leading chemical company. Wintershall, with its headquarters in Kassel, Germany, has been active in the exploration and production of crude oil and natural gas in various parts of the world for more than 80 years. In Europe the company trades and sells natural gas and is, with its subsidiaries W&G and GASCADE Gastransport, also an important gas supplier on the German and European market. Wintershall is now Germany's largest producer of crude oil and natural gas. In its exploration and production activities, Wintershall deliberately focuses on selected core regions where the company possesses a wealth of regional and technological expertise.
E.ON SE is a major investor-owned energy company. Within the E.ON group operating worldwide, E.ON SE in Essen, Germany, is responsible for the global gas business. E.ON SE is Germany's gas importer with the broadest portfolio of suppliers. The company receives its gas from several countries, among them Russia and Norway. E.ON SE has been receiving natural gas from Russia for 37 years. E.ON SE Exploration & Production operates in the British and Norwegian North Sea, Russia and North Africa. Alongside gas production and procurement, the company's infrastructure shareholdings help Europe achieve a high degree of supply security. In partnership with other companies, E.ON SE is investing in efficient, technologically advanced gas pipeline systems to link Europe with new and existing gas fields.
Gasunie is a European gas infrastructure company. Its network ranks among the largest high pressure gas pipeline grids in Europe, consisting of over 15,000 kilometres of pipeline in the Netherlands and northern Germany. The company offers transport services via its subsidiaries in the Netherlands and Germany and also offers other gas-related services, for instance in the field of gas storage and LNG. The company is the first independent gas transport provider with a cross-border network in Europe and aims for the highest standards in safety, reliability, efficiency and sustainability. The Gasunie network forms the core of what is called the northwest European "gas roundabout".
GDF SUEZ SA develops its businesses around a model based on responsible growth to take up today's major energy and environmental challenges: meeting energy needs, ensuring the security of supply, combating climate change and optimising the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation, as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.