Gazprom has signed a MoU with ŮON AG in Dusseldorf to jointly build and operate a gas turbine power station in the vicinity of Lubmin. Near Lubmin, there is a German landfall of the projected Nord Stream gas pipeline that will supply natural gas for the facility operation. MoU provides for the parties to make a final investment decision on the project in 2009. It is planned that the gas turbine power station will be rated at 1200MW. The facility will be commissioned in 2011. Gazprom and E.ON will set up a joint venture on a parity basis in order to implement the project.
