"Nord Stream" seek funding for the construction in credit markets.

The company Nord Stream AG, managing the construction of gas pipeline "Northern stream" on the bottom of the Baltic Sea, will start searching for funding in credit markets. This transmits "Interfax" referring to the statement findirektora Company Paul Corcoran. According to him, Nord Stream will bring 3.5 billion euros over the next few months.
At the same time, Assistant to the President of Russia Arkady Dvorkovich said in Helsinki that Finland can give consent for the construction of Nord Stream to the end of 2009, reports RIA Novosti. Recall that the construction work could begin only after the consent of the five countries in the territorial waters of which will be the route threads. In addition to Finland and Russia is also required approval by Sweden, Denmark and Germany.
Previously, it was reported that Nord Stream AG to calculate the environmental risks of pipeline construction. According to estimates by ecologists involved, the risk to the environment is a "moderate." Expertise has been referred to the appropriate agencies in five countries in early March. If a country does not give approval for construction before the end of the year, laying a gas pipeline may be delayed.
In January 2009, chairman of the committee of shareholders Nord Stream AG, the former German Chancellor Gerhard Schroeder said that the first thread Nord Stream gas pipeline will come into operation in October 2011. The second stage of the project will be operational in 2012. The cost of the pipeline is estimated at 7.4 billion euros.
In parallel with the Nord Stream ( "Nord Stream"), "Gazprom" plans to lay another pipeline - South Stream ( "South Stream"), which runs under the Black Sea. After the project, Gazprom will be able to directly export gas to Europe and the EU will receive the fuel at lower prices.