Nord Stream 2. Fisheries in the Baltic Sea. Dirk von Ameln BSAC Executive Committe, 15 November 2016

Transcription

1 Nord Stream 2 Fisheries in the Baltic Sea Dirk von Ameln BSAC Executive Committe, 15 November 2016

2 To Offset Drop in Production, More Imports Are Needed and Additional Capacities EU Reference Scenario 2016 (adjusted) Gas demand mostly stable 481 bcm 472 bcm Russia LNG Northern Africa Norway EU 133 bcm 35 bcm 41 bcm 119 bcm 141 bcm 288 bcm (Import gap: 120bcm, new imports to offset lower production) 10 bcm 8 bcm 94 bcm 72 bcm ** ** Statistical difference of ~12 bcm in 2015 (Azeri) Future imports required from Russia and LNG, share will be set by the market Needs additional, reliable pipeline capacities as back-up! North African + new Caspian supply has limited effect on EU gas balance Significant decline of production in NL, UK, D and NO Sources: EU Reference Scenario 2016, adapted with NOP 2015, OGA (Oil and Gas Authority) production projections, February 2016, NEP Gas 2016, Norwegian Petroleum Directorate; The Oxford Institute for Energy Studies, Algerian Gas: Troubling Trends, Troubled Policies, May 2016; The Oxford Institute for Energy Studies, Azerbaijan s gas supply squeeze and the consequences for the Southern Corridor, July 2016, BP Statistical Review of World Energy, June

3 Additional Pipeline Capacities Needed to Safeguard Against Supply/Demand Risks Supply-side risks North Sea Basin Further curtailment of Groningen field is possible (limiting Netherlands supply) and lowerthan-projected E&P activity could limit export potential (Norway) LNG Limited by global market dynamics, tighter LNG supply projected to shift back to Asia in early 2020s, leaving EU supply more reliant on pipeline capacities Northern Africa Growing domestic demand (Algeria) and volatile political situation (Libya) could further curtail export to EU at any time Demand-side risks Gas Demand Spikes Possible further nuclear exits and several colder winters can spike demand above projected reference scenarios (all EU) Projected energy transition and efficiency measures to save fuel could underperform, leading to more gas demand in heating (esp. Germany) German L/H-gas switch L/H-gas switch is a required process of installing new burners in millions of households to compensate the loss of L- gas from the German and Dutch fields requiring reliable additional H-gas supply at the right time to allow for a smooth transition 3

4 Capacity Utilisation of the Nord Stream Pipeline 90% 80% 70% 60% Gas transported up to August 2016: 139 bcm 50% 40% 30% 20% 10% 0% 2011 (Nov-Dec)* 2012* (Jan-Apr) 2016 (May-Aug) * Based on 27.5 bcm per year; all other figures based on 55 bcm 4

5 Access to the World s Biggest Gas Reserves > The Bovanenkovskoye field in North Russia s Ob-Taz bay holds 4.9 trillion cubic meters of gas reserves, more than double the EU s total proven reserves (1.7 tcm) > EU s annual demand is projected to be around bcm by 2035 > With Nord Stream 2, the EU will have additional, reliable and direct access to abundant gas supply for decades Norway 1,922 bcm EU-28 1,672 bcm Russia 47,768 bcm thereof Bovanenkovo 4,900 bcm Ob-Taz bay gas fields Source: BGR Annual report 2015, p. 119, Gazprom 5

6 Our Mission: Enhancing European Gas Supply Nord Stream 2 will > Provide an additional direct pipeline link between Russia s gas reserves and the EU market > Enhance the EU s security of supply of natural gas by helping to fill the EU s growing import gap caused by falling gas reserves and accelerated retirement of domestic gas production assets and secure against supply-side and demand-side risks > Complement existing natural gas infrastructure and enhance competition in the internal energy market > Have a capacity of 55 bcm per year, enough to supply 26 million European households > Run roughly parallel to the existing Nord Stream Pipeline > Have a CAPEX of about 8 billion euros, privately funded 6

7 Our Commitment Respect for the Environment > Environmentally-friendly and sustainable infrastructure and source of energy Respect for Energy Security > Reliable and economically advantageous infrastructure Respect for Safety > Fulfilling the highest standards for safe and reliable operation 7

8 Preliminary Project Timeline Feasibility Study > EIA Programme Consultation Permitting and Environmental Impact Assessments Environmental Monitoring Surveys and Engineering Procurement and Delivery, Pipe Logistics Construction and Commissioning Operation 8

9 Pipeline Routing Shortest Route with Minimised Environmental Impact > Nord Stream 2 twin pipeline will run roughly parallel to the existing Nord Stream Pipeline > Pipelines will be approx. 1,200 km long, starting at the Southern Coast of the Gulf of Finland in Russia and ending near Greifswald, Germany > After examination of a number of possible route corridors, the shortlisted options cross Russian, Finnish, Swedish, Danish and German waters 9

10 Technical Design > Design, construction and operation of the pipelines will draw on extensive experience acquired through Nord Stream > Independent certification bodies will witness, audit, participate in and certify technical design and implementation > Key parameters and pipeline components have been confirmed as viable: 48 inch steel pipes with internal flow coating, external corrosion protection coating and concrete weight coating inner pipe diameter of 1,153 mm segmented pipe wall thicknesses along the pipeline route corresponding to decreasing design pressures in the range of 220, 200, and bar Rosteknadzor 10

11 Approach to Compliance with IFC PS Environmental and Social Policies > PS1 - Approach to Environmental and Social Management Stakeholder Engagement Plan > PS2 - Labour and Working Conditions Policy Internal Grievance Procedure > PS3 - Resource Efficiency and Pollution Control > PS4 - Social Management and Corporate Social Responsibility Policy Community Grievance Procedure > PS5 - Land Acquisition and Economic Compensation Policy > PS6 - Biodiversity Management Policy > PS7 - Indigenous People Management Policy > PS8 - Cultural Heritage Management Policy Due Diligence expertise will be conducted according to International requirements by experienced International Environmental and Social Consultant, as well as Legal consultant. 11

12 Nord Stream Comprehensive Environmental Monitoring During Construction and Operation > Nord Stream has prepared five tailored national environmental monitoring programmes > Monitoring and analysis of potential impact of 16 scientific subjects during construction and operation and of recovery of the environment after construction > About 1,000 sampling locations along the route > Involving 22 renowned companies with an overall investment of over 40 million euros > Results show no unexpected environmental effects could be detected due to the Nord Stream pipelines. All impacts were minor, local and short term only. RU FI SE DK DE Physical and chemical environment Water quality + +/ Seabed sediment + +/ /+ Hydrography and seabed topography + + +/+ +/+ + Onshore soil + Landscape and topography + + Air quality + Noise Biological environment Fish +/+ +/+ +/+ +/+ Birds +/+ +/+ Marine mammals + + Benthic flora and fauna + +/+ +/+ +/+ +/+ Terrestial flora and fauna + + Socioeconomic environment Fisheries +/+ +/+ Cultural heritage /+ + Monitoring and clearance of munitions Conventional munitions Chemical munitions + + indicates monitoring activities during construction, +/+ indicates monitoring activities during construction and operation 12

13 Environmental Monitoring Findings Physical and chemical environment Aspect Underwater noise Seabed Water quality Impact Noise values for construction activities are comparable to ordinary commercial traffic Stable reinstatement goals achieved Turbidity values below expectations with no measurable impacts on the pelagic environment. No contaminants caused by Project activities. 13

14 Environmental Monitoring Findings Biodiversity Aspect Bird fauna Marine mammals Macrozoobenthos Impact Rare and protected species are not impacted by the pipeline construction. No changes on seabird and migrating bird populations. No injured animals during munitions clearance or construction. No impact to the harbour porpoise population in the Pomeranian Bay. Fast recovery. 14

15 Pipeline Has No Lasting Environmental Impact and No Impact on Fish > Nord Stream 2 benefits from six years of environmental monitoring, assessing the impact of construction and operation of the existing Nord Stream pipeline > The monitoring results confirm that: there is no significant or lasting environmental impact there is no negative impact on fish whatsoever > There have been no claims/complaints from the fishermen regarding Nord Stream 1 pipeline > During Nord Stream, ensuring a proper flow of information was of key importance, e.g. Danish and Swedish fishermen s representatives were on-board pipelaying barge to facilitate communication with fishermen 15

16 Engagement with Fishermen around the Baltic Sea > Fishing plays an important role in the communities along the Baltic Sea coast, and one of Nord Stream 2 s priorities is to ensure that fishing activities remain safe and unrestricted as much as possible. > The assessment shows that Nord Stream 2 will only have some local and minor impacts. > Nord Stream concluded some 50 agreements with fishery associations and individual fishermen in 8 countries to govern compensation and mitigation measures taken during construction and operation of the pipeline. All agreements were in accordance with the relevant legislation and were based on negotiations with fishermen and fishing authorities. 16

17 Ongoing activities > Nord Stream 2 has already taken up talks with various fishery organisations around the Baltic Sea. > Project information has been presented to fishermen in Project countries in a continuous engagement, and fishermen s views taken into account where viable, e.g. with respect to spacing between Nord Stream 1 and Nord Stream 2 pipelines in Sweden. 17

18 Thank you!

19 Contact For further information, please contact: Dirk von Ameln Tatjana Krivaltsevits Nord Stream 2 AG Baarerstrasse Zug, Switzerland 19