Waren

Nord Stream pipeline delayed by one year, executive forecasts

Gas PipelineWaren, Germany  - Completion of the controversial Nord Stream gas pipeline under the Baltic Sea is likely to be delayed by one year from 2011 to 2012, a German executive working on the Russian-led project said Wednesday.

His comment clashed with a printed news release from Nord Stream, a consortium with Russian, German and Dutch involvement, which stated that 2011 was the target for the first flow.

"We don't expect the first natural gas to arrive till 2012," said Andreas Hieckmann, the project chief at the Gazprom Germania company.