Nord Stream 2. Presentation at HELCOM HOD meeting

Transcription

1 Nord Stream 2 Presentation at HELCOM HOD meeting Helsinki

2 Nord Stream 2 Pipeline Based on the Proven Nord Stream Route > With an overall length of 1,200 km, the Nord Stream 2 Pipeline will connect Europe to the largest gas fields in the world, in Russia > Route optimised for maximum efficiency and minimum impact on the environment > Design & implementation verified by independent certification > Extensive international consultation and permitting process > Construction and design will follow the Nord Stream model Nord Stream 2 AG 2

3 Strong European Partners Support Nord Stream 2 100% Shareholder Financial Investors Project Developer Provides financing for up to 50 percent of the total project cost Estimated total project cost: 9.5 billion EUR Provide financing for up to 50 percent of the total project cost, up to 950 million EUR each Nord Stream 2 AG 3

4 New Gas Supplies Responding to Declining Production Russia LNG Northern Africa Norway EU 481 bcm 472 bcm 133 bcm 35 bcm 41 bcm 119 bcm 141 bcm European gas consumption 288 bcm 168 bcm 10 bcm (Azeri) 8 bcm 94 bcm 72 bcm bcm import gap to be filled by Russian gas and LNG, share will be set by the market Drop in domestic production and lower output from other supply Nord Stream 2 AG 4

5 Nord Stream 2 Project Schedule Feasibility Study > EIA Programme Consultation Permitting and Environmental Impact Assessments Environmental Monitoring Surveys and Engineering Procurement and Delivery, Pipe Logistics Construction and Commissioning Operation Nord Stream 2 AG 5

6 Status of Project Development > Material and service contracts All major tenders awarded: steel, logistics, pipelay Pipe deliveries well on track: 1,600 km (67%) of line pipe delivered (Nov 2017) Concrete weight coating at three locations, 500 km already coated (Oct 2017) Trans-shipment started to Hanko (FIN) and Karlshamn (SWE) > Surveys Over 51,000 line km of surveys completed using 31 different vessels > Permits National process ongoing Public meetings (hearings) held in all countries, Espoo hearings concluded National construction permits expected in time for planned start of construction in Q Nord Stream 2 AG 6

7 The Legal Framework National level Supra-national level International level > National law of 5 states Germany Denmark Sweden Finland Russia > Numerous permitting related national provisions applicable for construction and operation > European Directives Environmental legislation, e.g. EIA Directive as implemented nationally > Between states UN Convention of the Law of the Sea (UNCLOS) Espoo Convention Helsinki Convention International Convention for the Prevention of Pollution from Ships, MARPOL Further multilateral treaties and conventions Nord Stream 2 AG 7

8 National Permitting Status > Germany: the first out of three permits for Germany was received on November 2 nd. > Denmark: public consultation on the national EIA was completed in October. > Sweden: last comments to the national Environmental Study were received from national authorities in early December. > Finland: EIA positive statement received. Water Permit and EEZ Permit applications submitted in September, referral period completed at the beginning of Decemeber. > Russia: the project documentation, including the Environmental Impact Assessment and results of the public consultations, were submitted to the State Environmental Expert Review (SEER) in November (the objective of the SEER is to ensure compliance of the documentation with environmental requirements and regulations). Nord Stream 2 AG 8

9 Consultation around the Baltic Espoo Procedure: Documentation > Espoo Report was submitted in April 2017 in English and 9 Baltic Sea languages, together with > Espoo Atlas (93 detailed Atlas maps), and > Non-Technical Summary for a non-specialized reader Nord Stream 2 AG 9

10 Consultation around the Baltic Public Information Meetings on Espoo Report and National EIAs Public information meetings on transboundary impacts held in 9 countries Hanko 10 May Helsinki 9 May Kotka 3 May Tallinn 24 May Kingisepp 30 June Stockholm 2 May Riga 6 June The public hearing we had yesterday was successful and can be considered as a good practice example Stralsund July Bornholm 29 August Vilnius 8 June Estonian Ministry of Environment Szczecin June 13 Nord Stream 2 AG 10

11 International Consultations: Facts and Figures > More than 170 comments to the Espoo Report were provided in 7 languages > Most frequently asked questions (% of total): Marine mammals 10% International climate objectives and project justification 10% Munitions and munitions clearance 9% Route in Russia 8% Nord Stream 2 AG 11

12 International consultations Facts and Figures Nord Stream 2 AG 12

13 Finalising the Espoo Consultations > Russia > Finland > Sweden > Denmark > Germany Responses have been provided to FIN November 30th: Ministry of Natural Resources sent a letter to all Parties in which it declares that the Espoo consultation has been successfully completed and that the final decision will be taken taking into account the received comments. Responses have been provided to GER/SWE/LAT/LIT/POL/EST Poland requested and received additional information and consultations with Poland are now closed Lithuania asked for a consultation meeting which took place on November 21st in Helsinki The Espoo Focal Point has provided responses to statements from FIN/LIT/LAT/POL/GER POL requested and received additional information with the possibility to comment until 8th Dec Lithuania has asked for a consultation meeting (14th Dec in Stockholm) Responses to Espoo statements have been sent from NSP2 to the Danish Energy Agency (DEA) on 30th Nov DEA plans to send out responses to all Affected Parties A consultation meeting with Poland was held on 5th December No further consultations are envisaged Nord Stream 2 AG 13

14 Starting in the Kurgalsky Nature Reserve: Sensitive Areas Avoided as Much as Possible Nord Stream 2 AG 15

15 Optimizing Construction based on Consultation Minimising Our Footprint by 50 Percent Optimised construction solution for a sensitive area: > Reduced width of the trench > 70% less excavation required > Significant reduction of heavy equipment > Lower noise and CO2 emissions and associated disturbances > Groundwater levels will not be altered, maintaining the natural hydrology Nord Stream 2 AG 16

16 Nord Stream 2: Environmental Policy >Nord Stream 2 Project Financing requirements oblige the Project to comply with national legislation and with the Performance Standards of the International Finance Corporation >The IFC PSs require that a project that is developed in a protected area achieves a Net Gain of the biodiversity values of the area and enhances the conservation aims and effective management of the area >NSP2 studies included a Critical Habitat Assessment that identified critical habitat triggers and therefore an additional requirement for Net Gain >The requirement to achieve Net Gain in turn creates the need to develop a Biodiversity Action Plan (BAP) Nord Stream 2 AG 17

17 Core element of Biodiversity Action Plan: Develop a Management Plan for the Kurgalsky Reserve Kurgalsky Reserve Management Plan Founded on three pillars: Biodiversity Forests Reefs Wetlands Shores Sustainable use of the Territory Tourism Residential Conservation Sustainable Use Scientific Research Grants Facilities Research stations Nord Stream 2 AG 18

18 Thank you! For further information, please contact: Simon Bonnell, Head of Permitting Nord Stream 2 AG Baarerstrasse Zug, Switzerland Simon.Bonnell@nord-stream2.com Website: Nord Stream 2 AG 19