OAO Gazprom is reviving plans to build a gas-fired power plant in Germany, its largest export market.

Gas from the Nord Stream pipeline reaches northeast Germany at the state of Mecklenburg-Vorpommern, where authorities have asked Gazprom to participate in building gas-fired plants, reported Bloomberg.

Gazprom Nord Stream pipeline

A Gazprom Export official confirmed his company’s interest in the power project to the news agency.

Gazprom supplies about a quarter of Europe’s gas but faces competition from liquefied natural gas, Norwegian gas and cheap US coal amid calls for discounts on its oil-linked prices.

E.ON plans to build and operate a combined heat and power (CHP) plant in the town of Lubmin, near Nord Stream’s entry point, through a joint project company with Gazprom’s Wingas GmbH venture, E.ON spokesman Alexander Ihl told Bloomberg.

The Mecklenburg-Vorpommern region has revealed plans to build three gas-fired generating units totalling up to 3450 MW.

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