Sustainable Investment in Logistics around the Baltic Region

Nord Stream AG (Zug) and EUPEC PipeCoatings S.A. (Dunkerque) will sign a Letter of Intent by the end of February 2008 for the supply of concrete weight coating and logistics services to implement the Nord Stream pipeline project. EUPEC will undertake the concrete weight coating for both Nord Stream pipelines at new coating plants to be constructed in Mukran (Germany) and Kotka (Finland). The agreement with EUPEC also includes interim trans-shipment, handling and storage of pipes across the Baltic Region.