we've said the lords of the north stream pipeline will help to ensure the security of supply and demand more birds is a true energy security he's not going to be fooled until south stream is launched because north and south stream so the links of one change. off course it is true they are the links of one chain by having launched no stream we will be able to meet the needs of our consumers in the north of europe. and it's natural that consumers in southeastern europe will get additional opportunities to receive a russian gas only after a sell stream begins operation of. the construction of south stream is carried out according to plan. and we're working toward a fixed completion date that is the two thousand and fifteen is it a real figure it will this is the schedule we have right now will these deadlines be met yes of course so is. castrol the spokes spotlights will be back shortly we will continue this interview also will take a break say we will go. from los angeles to chicago to birmingham twenty trauma centers have closed since two thousand severe problem is not enough in-patient

we've said the lords of the north stream pipeline will help to ensure the security of supply and demand. is a truth that energy security is not going to be full until south three. because northern south stream so the links of one change. of course it is true. they are the links of one chain by having launched stream we will be able to meet the needs of our consumers in the north of europe. and it's natural that consumers in southeastern europe will get additional opportunities to receive a russian gas only after a sell stream begins operation. the construction of south stream is carried out according to plan. and well working haunch toward a fixed completion date that is the two thousand and fifteen is a real figure. this is the schedule we have right now will these deadlines be met yes of course says. gastrell the spokes spotlights moving back sure who will continue this interview so we'll take a break say we will go to. wealthy british style. markets why not. find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial

any longer russia prompted the development of alternative energy supply routes it came up with north stream we trans under the baltic sea and has just begun pumping gas to europe and south stream we trans through the black sea and it's pleasant to be finished by twenty fifteen both pipelines reach european consumers directly this year has seen new disputes between russia and ukraine over gas prices ukraine's ex prime minister yulia tymoshenko was found guilty of abusing the storage of one son in two thousand and nine gas contracts with russia the ukraine currently enjoys a thirty percent discount to the gas price it still insists it's paying too much wherever the dispute ends up this year the sperm official say nordstrom being operational means the european consumers have nothing to worry about this time around no russian ukrainian guest on such killing type the european continent. we've said a lot of the north stream pipeline will help to ensure the security of supply and demand nor is it true that energy security he's not going to be free until south three. because north and south stream

good solution will be used to go beyond a we've said the lords of the north stream pipeline will help to ensure the security of supply and demand. is a true energy security he's not going to be fooled into south stream is launched because north and south stream so the links of one chain. of course it is true they are the wings of one chain by having launched no stream we will be able to meet the needs of our consumers in the north of europe. and it's natural that consumers in south eastern europe will get additional opportunities to receive a russian gas only after south stream begins operation when. the construction of south stream is carried out according to plan. and well working hard toward a fixed completion date that is the end of two thousand and fifteen is it a real figure it will this is the schedule we have right now will these deadlines been met yes of course says. castro coast spotlights movie bachelor who will continue this until he is called so we'll take a break say we will go to. wealthy british style scientists in times of crisis. markets try not to come to. find out

we've said the lords of the north stream pipeline will help to ensure the security of supply and demand for more boats is a true energy security he's not going to be free until south stream is launched because north and south stream so the change. off course it is true they are all the links of one chain by having launched no stream we will be able to meet the needs of all consumers in the north of europe. and it's natural that consumers in southeastern europe will get additional opportunities to receive a russian gas only after south stream begins operation of. the construction of south stream is carried out according to plan. working toward a fixed completion date. two thousand and fifteen is a real figure. this is the schedule we have right now will this deadline be met yes of course says. the spokesman. so we'll take a break say we. wealthy british stock. market. find out what's really happening to the global economy. for our no holds barred global financial headlines kaiser report. more news today. and these are the images. from the streets of canada. today. if. if. if. i am. welco

on the european market change after the launch of north stream. in itself north stream is merely a channel for the transportation of a natural gas as for all market share it depends on the volume of the gas sold as you know gazprom sold an additional volume of twenty two billion cubic meters that will be pumped via this pipeline when it's fully up and running we do expect to rise from a quarter to some thirty percent twenty thirty but the share is not the most important thing. you can control the entire market by selling your gas for nothing but the question is do you really need that. so we're keeping an eye on our market share but boosting it is not our goal it's much more important to maintain reliable supplies to customers along with ensuring our corporate commercial interests. you said south stream will be completed by two thousand and fifteen and i heard some reports that the provisions of the third energy package. could disrupt your plans. can you confirm that. well yes there are certain difficulties relating to nordstrom to we have managed

would be good for all the countries are in in europe is there demand for so much gas to justify north stream what about south stream well give you know this is there of course the big question mark over the whole energy sector years ago with projections certainly cold for you know multiple pipelines into the european union or projections to europe we need to import you know one hundred to one hundred fifty billion cubic meters of gas an additional over the next ten years but since then we've had shale gas. we've had more gas perhaps becoming available from places like turkmenistan and maybe you know quite soon from from iraq could available for europe but balanced against that of course and as a result of the nuclear accidents in japan and germany you know fairly clear statements that it's a piece going to suspend the program and review it then i think through the issues still very emotional analysis yeah there's a lot of not sort of there's a lot of uncertainty you think of the gas market i think what russia has done with this pipeline is to make sure that it's strong position is the gas is

germany decide to abandon nuclear power an important decision here while the gas flowing through north stream would be enough to fill the fill that gap. you know people who are criticizing north seem understand how important this pipeline is for the second. reason not only for security reasons but also for getting more gas from russia because softer of a german ear is closing down all the nuclear station in the next ten years we will need to of course more gas and since the pipelines from russia exist it will be easier to get from the east and from anywhere else so again the pipeline is being seen the strategic a very important also for a reason for the german economy and germany will not suffer from any kind of energy source or just in the upcoming decades like manner like some other countries who probably have not worked. as germany in buildings as important infrastructure oh you were talking there about security but let's talk about fortunes and friendship i mean how significant is this project in the intervening of europe and russia. i think the north korean pipeline is a political projec

north stream pipeline will pump fuel along the baltic sea floor and straight to e.u. customers without relying on transit countries like ukraine and belarus president medvedev will start the flow in germany later on tuesday artie's arena is there the key points of the russian president's visit to germany is the launch the official opening of the north stream gas pipeline of course the gas pipeline which is an offshore pipeline runs for more than twelve hundred kilometers from a russian town of to germany its offshore pipeline that runs along the bottom of the baltic sea it has been in construction since april of two thousand and ten the key of this particular pipeline is that it will allow for russian gas to be transported to europe without any intermediary points like ukraine and belarus which is the case right now of course through during the construction there has been some criticism from politicians or economists who are saying that this pipeline will make your of too dependent on russian gas but others of course have argued that vice versa this goes along diversi

merkel and their partners in the project turned a valve that opened the receiving and now of the north stream line in germany the ten billion dollars scheme is the longest subsea gas route in the world parties daniel bushell was at the scene of the nordstrom's. it will provide long term energy security for europe which had been affected by previous transit rails with the likes of ukraine and belarus it will also fill a shortfall in gas which is projected to reach some one hundred million homes by twenty thirty now this is a europe wide project why european leaders are here is because french dutch german companies energy firms have taken stakes in the north stream pipeline that will guarantee supply to homes in those countries for the next fifty years at least or the lifetime of this current project there are plans to send this gas on to him and then also the existing european network on to countries like the united kingdom as world is that that with these russia is always going to great lengths to fulfill its energy obligations because it's our highest priority we will continue to supply our

north stream is viewed as a priority project by both russia and the e.u. because it's been part of europe's energy networks since two thousand and six is recognized by the european parliament and the e.u. council of energy ministers or meant. that the energy minister to nordstrom pipelines have already been laid what top of the third one will be added and what will be its capacity we haven't yet that we currently have at least two pipelines with a total capacity of fifty five billion cubic metres the question of whether a third or even fourth pipeline will be laid should be answered by european stock holders of as you know we have gazprom on the one side and hollins got sunni france's g.d.s. suez and germany's and b.s.f. windowsill on the other if investors decide to build a third and fourth pipeline through privately financed mind you we're not talking about stink financing then it could be done i do not know whether they will make such a decision as it was not part of my work line of. brussels wants all russian energy companies not just gazprom to be all

was half the scene of the north stream. it will provide long term energy security for europe which had been affected by previous transit rails with the likes of ukraine and belarus it will also fill a shortfall in gas which is projected to reach some one hundred million homes by twenty thirty now this is a europe wide project why european leaders are here is because french dutch german companies energy firms have taken stakes in the north stream pipeline that will guarantee supply to homes in those countries for the next fifty years at least the last time of this current project they're all plans to send this gas in and then on to the existing european countries like the united kingdom as well is that. russia has always. gone to great lengths to fulfilling its obligations in the energy sector and we would still say this is still our most important obligation even at times the economic situation in russia was definitely difficult because we endeavored to continue supplies without interruption to europe and we will continue t

have taken stakes in the north stream pipeline that will guarantee supplied to homes in those countries for the next fifty years at least or the lifetime of this current project there are plans to send this gas on to burn and then also the existing european network of the countries like the united kingdom as well as that of it is here russia's always going to great lengths to fulfill its energy obligations because it's our highest priority we will continue to supply our european partners without any interruption in the future in order to attract more investment for the project i'm convinced that such involvement will minimize risks along the entire energy supply chain. you know this should also provide cheaper gas for homes in europe with no transit fees to be paid for the likes of ukraine and belarus with gas going direct for the first time from russia to the e.u. german chancellor angela merkel is optimistic about the future relations between russia and the european union when speaking about energy supply security we also speak about diversification and russia is one of our most impor

as north stream senses western europe for the first time we talk next that with the man who's pretty the head of the ambitious project former german chancellor gerhard schroeder tells us why the pipeline is so important for all sides involved. you. go hard for the world charles love germany from nineteen ninety eight to two thousand and five he's now chairman of the board at north stream russia's new gas pipeline under the baltic states and europe mr further why should the e.u. increase its dependence on gazprom its good name. opinion or stance on we're not talking about a dependence on russia we're talking about cooperation between russia on the one side and the european union on the other in the energy sector is north stream is viewed as a priority project by both russia and the e.u. because it's been part of europe's energy networks since two thousand and six is recognized by the european parliament and the e.u. council of energy ministers from or pearson part i meant or informed that the energy minister to nordstrom pipelines have already been laid what thoughts of the third one

of the north stream launch down the always been a major customer of russian gas for many years now but how much further will this pipeline take that partnership. yes european leaders symbolically turned the wheel sending the very first gas there rick to the european union bypassing transit states it will provide long term energy security for europe which had been affected by previous transit rails with the likes of ukraine and belarus it will also fill a shortfall in gas which is projected to reach some one hundred million homes by twenty thirty now this is a euro project why european leaders say here is because french dutch german companies energy firms have taken stakes in the north stream pipeline that will guarantee supply to homes in those countries for the next fifty years at least the last time of this project there are all plans to send this gas in and then on to the existing european network to countries like the united kingdom as well. like that with russia has always. gone great lengths of it legit if you fulfilling its obligations in the energy sector and we would still say

coming up later in the program heating up europe are we or are the north stream pipeline has turned starting a flow of russian gas straight to the e.u. market. down now are the billionaires two russian tycoons take their quarrel to a london court and unveil some dark secrets from the past. oh it's the and they were in error in italy as the country's controversial and charismatic prime minister silvio berlusconi steps down that after the lower house of parliament gave its final approval to a vast new austerity package which was a precondition for his resignation the p.m.'s seed though remain vacant for along with former official mario monti looking to take over the public reaction so far has been mixed with some sort of brain berlusconi's fall while others are wary of the future of our correspondent in italy sarah ferguson explains. the stairs he will finally see those soviet berlusconi states and he stepped down as prime minister of the country does it better or worse he was certainly. a massive change and now that he's resigned from the optimism certainly for a future what the future will b

coming up later in the program heating up here up the north stream pipeline is turned starting to flow russian gas right into that new market. and battle of the billionaires to russian tycoon to take their who are all to london court and a veil some dark secrets from the past. it's a and of an era in italy as the country's controversial and charismatic prime minister silvio berlusconi steps down that's after a lower house of parliament gave its final approval to have vast new package which was a precondition for his resignation a pm c though won't remain vacant for along with former e.u. official mario monti looking set to take over the public reaction so far has been mixed with some celebrating girls coney's falwell others are wary of the future our correspondent in italy sarah for explains. that austerity lot finally sells silvio berlusconi's fate and he stepped down as prime minister of the country now for better or worse he was certainly a character and it's going to be a massive change now that he's resigned from the post optimism certainly for a future what the future will be rig

and from a business desk western europe is getting its first gas from russia via north stream pipeline that bypasses the transit countries join me in about ten minutes from now more details on the significance of this part of. the un head has voiced concerns over the increased attacks on the minority serbs and their property in northern kosovo ki-moon put part of the blame on the decision of kosovo albanian leadership to extend its control over the serbia run area for months serbs in the region have been barricading in not only against the unwanted authorities but also nato peacekeeping forces explains. perhaps these venue for a wedding with this serbian couple living in northern course will decided to get married at the barricades and. we're going to be here in. this sort of barricades in northern have been standing for several months now for those who built them there just a part of every day not only have the kosovo serbs isolated themselves from the case. but also from their unwanted neighbors this is the famous bridge. it was called the bridge of friendship it was meant to symboli

come in the one of those top stories as north stream guy senses europe for the first time we sit down next then with the man who's headed up the sound bush's project the very person indeed he used to lead germany at the beginning of the millennium as his chancellor gerhard schroder he says next why the pipeline is so important for all sides involved. gerhard schroder was told so love germany from nineteen ninety eight to two thousand and five he's now chairman of the board at nordstrom russia's new gas pipeline under the baltic sea and europe is to further why should the e.u. increase its dependence on gazprom is good news or. opinion crowded with plants and we're not talking about a dependence on russia we're talking about cooperation between russia on the one side and the european union on the other in the energy sector is not stream is viewed as a priority project by both russia and the e.u. because it's been part of europe's energy networks since two thousand and six is recognized by the european parliament and the e.u. council of energy ministers and former patient problem and we

single market there are those who hold north stream will make the two sides friendlier. we are trying. to tell europe even europe and russia into a common energy space and if this is space. be successful that we can think about creating a common economic space free trade zone as the first gas began to flow optimistic leaders were all smiles the next few months will show with new streams really the stalls of a new era between the e.u. and russia or just another point during the new bushel altie in germany. and i'll be back with a recap of this week's top stories in today's headlines in just a few minutes stay with us. from. the. bleachers and discover it's between. the. communication with the why don't. test yourself and become free. to see what nature can give you. in the years. since the. period. squandered money. to sixty square kilometers of this nation. are still suprising. i'm finding we're just. getting bad out here. not saying hardly any birds squirrels you know. i don't know what's going on here. on. one of our key. issues that so much of an oldish each musician.

germany from nineteen ninety eight to two thousand and five he's now chairman of the board at north stream russia's new gas pipeline under the baltic sea so europe mr further why should the e.u. increase its dependence on gazprom is good news i know. guy that was. we're not talking about a dependence on russia we're talking about cooperation between russia on the one side and the european union on the other in the energy sector is north stream is viewed as a priority project by both russia and the e.u. because it's been part of europe's energy networks since two thousand and six is recognized by the european parliament and the e.u. council of energy ministers and from your peers from part i meant. that the interview minister to nordstrom popeye's have already been laid what was the third one will be added and what will be its capacity we haven't yet it we currently have at least two pipelines with a total capacity of fifty five billion cubic metres the question of whether a third or even fourth pipeline will be laid that should be answered by european stock holders of as you know we have g

with a summary of those stories in about fifteen minutes from now in the meantime as north stream gas enters europe for the first time we hear from the man who's been in charge of the ambitious project former german chancellor gerhard schroeder tells us next why it's so important for all sides in.

come with a me extra cost for european taxpayers the cost to the sweet costs that project off the north stream project is a little over seven billion euros now twenty six of that six percent of that is coming from the consortium north stream consortium shareholders the rest is being financed by international banks so customers in europe will be able to get russian gas without interruptions at no extra cost of course politicians and i think it's fair to say customers in europe are rather excited about this and the excitement was also shared today by the russian president to read who is in germany as we have mentioned earlier who will flick the switch on the gas pipeline just in just a short hour or so and that's right and right now we're an hour or so away from seeing the first fuel delivered but it has been a long in the making hasn't it. absolutely now we have probably two to over the we have to go back to all the way to two thousand and five when the project was just begun of course there have been numerous criticism from some politicians and economists and some environmentalist who are sayi

north stream pipeline is making energy security better for a european union energy import to. the european union will be safer now because there is next a pipeline which circumvents the difficult transit countries like ukraine and belarus show or russian gas as does appear to over the past ten fifteen years i think the north korean pipeline is a political project as well but for other reasons than the critic there's of the type as i think this of the energy alliance which is the european union and basically germany is forging was russia we are trying to bring russia closer to europe even integrates europe and russia into a common energy space and therefore this is a space we'll be successful then we can think about creating a common economic space a free trade zone and also politically much closer together so from my point of view the energy alliance which is being symbolized by this pipeline as well will help us to build a common continent and make europe more stable than it had been before. the russian president has wanted militarist rhetoric in the middle east and attack on

hour president medvedev and his european partners will flick the switch in germany and start the north stream pipeline the rectally pumping fuel under the baltic sea aren't easy to go to is in germany for us so the politicians are gathered in berlin have long been a busy assoc about this project was a gas be enough though for european households and businesses. well it looks like indeed it will be enough we're talking about twelve more than twelve hundred kilometers of pipeline stretching from russia all the way to germany capable of pumping up to fifty five billion cubic meters of russian gas to european customers a year when it will become fully operational that is to happen at the end of next year however at this point we are already looking at around more than twenty seven billion cubic meters of gas coming into europe from russia and that of course is going to happen without intermediary stations that of course is going to happen without interruptions and also you have to you have to make a note of the fact that it's also not going to come with any extra costs for european taxpayers the

second blow will come next year project leaders have said to the third line tripling capacity of north stream will be discussed very soon by shareholders and gas from has reported an eighty percent leap in profit stream the second quarter caste monopoly earned almost ten billion dollars during that period even some forecasts by ten percent market russia said a strong bottom line is being driven by increased output and stronger prices deliveries to europe jumped twenty percent this year and are set for a further boost nordstrom gas network is on line cost more than seven billion dollars and leading russian energy consultants constantine seen enough believe it will take a decade to break even. the real time off for total this investment it will be depends on the price of u.s. and european market because the transit fees related to be gas prices in the european union but of course it will take on the as. they must be not anxious about the thought of this money right because you know that for one point we'll just brought me is the main circle that will flow through but from another point of you g

aren't you and coming up later in the program here on r t heating up europe the north stream pipeline is turned starting the flow of russian gas straight to that market . and thousands of students march across several london furious over education cuts and a tripling of choice in fees. well it's the end of an era in a way as the country's controversial and charismatic prime minister silvio berlusconi steps down that's after the lower house of parliament gave its final approval to a vast new austerity package which was a precondition for his registration resignation the piano seats though won't remain vacant for along with former official mario monti looking set to take over the public reaction so far has been mixed with some celebrating berlusconi's fall while others are wary of the future of our correspondent in italy sarah ferguson explains . that as stairs he'll finally say those soviet ballots gagne's fate and he says that as prime minister of the country. now for better or worse he was certainly a character and it's going to be a massive change now that he's resigned from the pos

wheels in motion the moscow ushers in a new era of energy security for western europe as a landmark north stream pipeline begins pumping russian gas straight from germany and. the new supply route lays out energy rails the transit countries which are pretty significant european consumers of russian gas in the cold without the details in just a few moments. russia issues around with a stern warning not to take military action against iraq as the president needs to get obsessed it could spell disaster feat for the middle east. in greece politicians scramble to save the country as they inch towards deciding on a new crisis leader r.t. asked what greeks themselves think that now three years ago that italy is next of a national firing line where debts are piling up amid record parts. and in russia the markets have continued their winning streak taking from the monday with the r.t.s. getting about one percent cause more in business in about twenty minutes. to stop for seven pm here in the russian capital you're watching t.v. it was a historic day for western europe's energy supply which is now being b

and the chairman of the north stream project former german chancellor gerhard schroeder told us that r t why the pipeline so important for the russian your relationship it's a brief preview of the interview that's coming up in just over an hour's time. the european union needs russia geopolitical is learned but the reverse is also true of it's not a question of time has come to start cooperating and so looking back i'm going to be logical differences are new issues in a situation where you could ship gas to china. and europe you know i hope russia never has to make a russian government is evidently pro european or europe or canada keep pushing your sure way it hurts russians pride if you we have to keep in mind for all russia has the alternative of shipping to egypt with europe has new such alternative europe's geopolitical position in the levy fruit or if it manages to enter a tight partnership with russia and at the same time grant you a session. or that would be a sound strategy again or into the future the rest easier to belittle name. russia's called the release of the un's atom

chairman of the board for the north stream gas pipeline thank you for speaking with. a very warm welcome to you this is your news today protesters on the polls since they have. been canceled like you. said to get. stats of the human experiments. that you supported. and it's all changed since i. am willing to maintain our competence in markets and. trade imbalances recession looks to me nations close to. close. to fail switchblade this again i think if the us crash seven. things. just like a little shit in the closet in st the i'm still going strong smelling just programs increase when it gets really cold and. then. discover its beauty. communicate with you want to. test yourself and become free to. see what nature can give you. the latest news on the week's top stories on our team in the apec summit in hawaiian sees asia and the pacific brands most powerful economies start work on a possible game changing free trade zone this is tensions rose between beijing and washington which some analysts put down to point scoring ahead of next year's u.s. presidential election. t

metallurgical company you know looks like a win win situation their most recent project is the north stream pipeline should then for international markets they'll face very little competition. and this is raw so much the largest plant in russia south producing harvested russia. has food for months ahead and workers who conspire. but the head of the company has a rather different outlook to that of the w t o cheerleader's. oil and gas will be in demand even without entering the. well agriculture. agriculture will be among the hardest hit sectors but experts say the domestic automotive industry will be the one to undergo most up here with. the troubled mortgage giant up the vase was rescued from the brink of death in the economic crisis of two thousand and eight by prime minister putin with more than one billion dollars in loans cash and guarantees. that is the government's favorite child but not all car makers in russia are as cherished this used to be a thriving. open the 1930's most successful years what the fifty's and sixty's when hundreds of thousands of my screech chorus flooded the so

the security of supply and north stream again is one contribution to making everybody feel a bit more relaxed about security of supply. now the chairman of the nordstrom project former german chancellor gerhard schroeder tells r t why the pipeline is important for russia europe relationship here's a brief preview of our interview coming up in about twenty minutes time. the european union needs russia geopolitically but the reverse is also true it's not a question of the time has come to start cooperating and start looking back on value logical differences in a situation where we could ship gas to china. and europe i hope russia never has to make a russian government is evidently pro european or europe cannot keep pushing gusher away it hurts russians pride we have to keep in mind russia has the alternatives. europe has no such alternative to europe's geopolitical position. just to enter a tight partnership with russia and at the same time grant you a session. or that would be a sound strategy again or into the future the rest of. the russian president has warned militarist rhetoric in

and western europe is getting its first gas from russia via the newly built north stream pipeline that bypasses trials of countries to route is designed to bring cheaper gas to homes and businesses in the join me in ten minutes more about the significance of this project of the. times before the man who's dominated italian politics for the best part of two decades prime minister silvio berlusconi's been seemingly indestructible facing a mountain of corruption lawsuits and sex crime allegations italy's while finances which i've finally led him to agree to quit his majority of operated as parliament passed italy's twenty ten a key vote to decide the next budget cuts which will be voted on next week italy is europe's next big warry after greece its borrowing costs are at a record high and financial firms are losing faith but claiming berlusconi's political scalp might not be enough to help the country stay afloat. it's very naive to fall the entire political debate. i think that. very difficult time and what is required is a say a serious political debate on what's kind of measure. to tak

single market there are those who hold north stream will make the two sides friendlier. we are trying to bring russia closer to europe even integrate europe and russia into a common energy space and if this space will be successful then we can think about creating a common economic space free trade zone as the first guest began to flow optimistic . the next few months will show with streams really the stalls where we knew we were between the e.u. would russia or just another point three. altie in germany. just now a quarter past the hour here in moscow the republic of south ossetia north caucuses are votes for a new president someday a new leader won't have a new job as the republic still recovering from a devastating war with georgia now three years ago that the current president carter stand for election that he's already served two consecutive terms and that makes the race a tough one. discovered. this is the first election for a decade not to feature the current leader of south ossetia and you are. and many have already called to the vote one of the most unpredictabl

with the north stream a gas pipeline now enter.

so with north stream gas and for the first time we sat down with a man who had the bishes project germany's former chancellor at the beginning of the millennium guard trotter tells us why the route is so important for all sides involved. gerhard schroeder was chancellor of germany from one nine hundred ninety eight to two thousand and five he's now chairman of the board at north stream russia's new gas pipeline under the baltic sea europe mr further why should the e.u. increase its dependence on gazprom. we're not talking about russia's dependence we're talking about cooperation between russia on the one side and the european union on the other in the energy sectors stream is viewed as a priority project both by russia and the oil because it's been part of europe's energy networks since two thousand and six not recognized by the european parliament and the e.u. council of energy and its debts which was and from all appears from problem end or and from the energy minister to nordstrom pipelines have already been laid what thoughts of the third one will be added and what will be its capacity

be more at ease this winter whether an uninterrupted flow of russian gas to keep them warm the north stream pipeline will pump fuel along the baltic sea floor and straight to e.u. customers without relying on transit countries like ukraine and belarus bushell watched as president and european partners went with the flow in germany. the wheel of fortune turns in europe's favor e.u. leaders hailed russia's first of a route that skirts tricky transit nations belarus and ukraine with the gas rich middle east also on stable energy chief say the project's a boon in several ways nothing brings additional capacity that brings a very important additional security off to war with him and he's very travelled the world. he said in a tough security to. every sense of the security comes with a hefty price tag the project cost some eight billion euro in fact nordstrom operate together was told by many top ten lists that the world's longest subsidy just route was doomed to failure this is a pipeline they said couldn't be built it's too long too expensive and take they said it was impossible that it's happe

russia has ushered in a new era of energy security for western europe with the launch of the north stream pipeline it's now pumping russian gas directly to germany ruling out any rallies with transit countries which had previously left european consumers out in the colt artie's daniel bushell watched as the receiving end of the pipeline was unveiled. the wheel of fortune turns in europe's favor e.u. leaders hailed russia's first ever route that skirts tricky transit nations bill routes and ukraine with the gas rich middle east also on stable energy chief say the project's a boon in several ways nothing nothing will bring admission and get us into that brings a very important admission the security of the rifle with that and he's very travelled the world. he said in handcuffs securely through every essential but this security comes with a hefty price tag the project cost some eight billion euro in fact north stream operate together as promised told by many top ten lists that the world's longest subsea gas route was doomed to failure this is a pipeline they said couldn't be built it's too l