North Transgas pipeline project is progressing

Mr Rem Vjahirev and Mr Matti Vuoria, the Chairmen of the Boards of Directors of the Russian gas company Gazprom and Fortum, have submitted a common letter to the prime ministers of Finland and Russia, requesting for the support of the governments of both countries and the EU for the North European gas pipeline project.


Fortum and Gazprom, the shareholders of North Transgas Oy, continue preparations for the building of a northern pipeline from Russia to Germany via the Gulf of Finland and the Baltic Sea. The creation of new energy transmission routes from Russia to Western Europe is an essential part of the EU’s Northern Dimension initiative.


A Northern European pipeline will enable deliveries of Russian natural gas to EU countries along a totally new route, connecting the gas networks of the EU with the Russian gas maintenance system. It will considerably reduce the risks in connection with the reliability of current Russian gas deliveries to Western Europe.


The shareholders of North Transgas Oy are continuing the necessary studies for the implementation of the project and will start negotiations with the potential participants of the future consortium for implementing the project.



Fortum Corporation



Further information

Mr Tapio Harra, Executive Vice President, Natural Gas, tel. +358 10 45 25350