1997-1999

Strategic options for new additional ways for gas transport into Western Europe were assessed by the Finnish-Russian joint venture North Transgas Oy. The outcome was that the most direct route across the Baltic sea proved to be the most feasible solution from economic, environmental, and technical points of view.

2001

Activities shifted to Gazprom after Finnish partners changed business strategy. Gazprom enhanced cooperation with German companies.

8 September 2005

In Berlin, OAO Gazprom, BASF SE and E.ON AG signed a basic joint venture agreement to construct a pipeline through the Baltic Sea.

December 2005

North European Gas Pipeline Company was established to further develop and implement the determined route.

30 March 2006

The first official meeting of the Shareholders’ Committee was held in Moscow to make decisions on personnel and other issues.

October 2006

The name of the company (initially registered as the North European Gas Pipeline Company) changed to Nord Stream AG.

4 July 2007

Signing of the final shareholders' agreement between OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, and Nord Stream AG.

June 2008

June 2010

N.V. Nederlandse Gasunie joined Nord Stream as the fourth Shareholder. Please read more about the joining of Gasunie.

Nord Stream AG welcomed GDF Suez S.A. as the consortium’s fifth shareholder with a 9 percent holding following its acquisition of 4.5 percent each from founder members E.ON Ruhrgas AG and Wintershall Holding GmbH. Please read more about the joining of GDF Suez.