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Sweden approves Nord Stream link in Swedish waters

Thu Nov 5, 2009 4:49am EST

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STOCKHOLM, Nov 5 (Reuters) - The Swedish government said on Thursday it had approved the Nord Stream consortium's plans for construction of gas pipelines across Swedish waters in the Baltic Sea.

"Sweden give permission for Nord Stream to lay 2 pipes on the continental shelf within the Swedish economic zone in Baltic Sea for the transport of natural gas," the government said in a statement.

Denmark became the first country to clear the construction of the pipeline through its waters on Oct. 20 and Finland is expected to do the same later on Thursday. Germany also still has to give its permission.

The Nord Stream natural gas group, which comprises Russia's Gazprom (GAZP.MM), Germany's BASF (BASF.F) and E.ON EONG.DE, wants to build a pipeline from Russia to Germany under the Baltic Sea. It has said construction would begin in 2010. [ID:nN08527395]

(Reporting by Simon Johnson; writing by Niklas Pollard)



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