Nord Stream 2 to start working from January 1, 2020, - Gazprom Head

Source : 112 Ukraine

Alexey Miller announced that work on the pipeline is going according to plan
16:03, 30 December 2018

112 Agency

Gas supplies via the Nord Stream 2 gas pipeline will begin as planned - from January 1, 2020. This was stated by the head of "Gazprom" Alexey Miller, reports Interfax-Ukraine.

“We are working on plans that were approved from the very beginning. The plan for the start of gas supplies is January 1, 2020,” Miller said.

We recall that the "North Stream 2" was actively opposed in Ukraine, Poland, the Baltic countries and the United States. They call on the authorities of the European Union to block this project, stating that this is a “gas needle”, which increases the dependence of Europeans on energy supplies from the Russian Federation.

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In the case of the launch of two gas pipelines with a total capacity of 55 billion cubic meters per year, Ukraine will lose $ 2-3 billion in revenue from the transit of blue fuel through its gas transmission system, which is almost 3% of GDP. Commissioning of the Nord Stream 2, the cost of which is estimated at 9,5 billion euros, is scheduled for the end of 2019.

Earlier the German economy minister said that implementation of the Nord Stream II project is still possible, as long as Ukraine's vital interests are observed.

'The project may be approved if, at the same time, Ukraine's vital interests are kept. One of them lies with the assumption that even after 2019, the gas transit from Russia via Ukraine should remain at a decent level', the minister said.

According to him, the negotiations are now taking place on this matter, and the talks are quite complicated.  

'We will not cut the dependence from Russia by undermining such project as Nord Stream II and then still getting the Russian gas from other pipelines. One can only speak of greater energy independence when we (apart from providing a long-term gas supply) create the infrastructure in Germany to get the liquefied natural gas', the minister said. 

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