Nord Stream is a 1220-kilometre-long off-shore natural gas pipeline stretching through the Baltic Sea, from Vyborg, Russia to Greifswald, Germany which is to be built by Nord Stream AG.

Nord Stream is a joint project of three major companies: Gazprom, BASF/Wintershall AG and E.ON Ruhrgas AG. Such a powerful consortium is a guarantee of the best technology, security and corporate governance.

Nord Stream is scheduled to be completed in 2011 and to deliver the first gas after a test phase in spring 2011. Initially one pipeline will be built with a transport capacity of around 27.5 billion cubic metres of natural gas per annum. In the second phase, a parallel pipeline will be laid to double the annual transport capacity to around 55 billion cubic metres. The second pipeline is planned to come on stream in 2012. The total investment for the offshore pipeline is estimated to be 7.4 billion euros.

In the Russian territory, a 917-kilometre-long on-shore connection is being built by Gazprom, to connect Nord Stream to the Russian gas transmission system.

Two on-shore connections from Greifswald to the south and west of Germany with a total length of 850 km will be built by WINGAS and E.ON Ruhrgas.

Nord Stream will carry gas to Germany, from where it can be transported onwards to Denmark, the Netherlands, Belgium, the UK, and France. The project is open for planning peripheral pipelines to other European countries and regions in the North and West.