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Russia gets vessel to complete construction of Nord Stream-2

Source : 112 Ukraine

Completion of the project may take several months
15:20, 26 December 2019

Nord Stream 2
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Russia possesses a vessel to complete the construction of the Nord Stream-2 gas pipeline. This was stated by President of the Russian Federation Vladimir Putin, European Pravda reports.

In order to end the construction, the Russian Federation has a specific pipe-layer. However, the completion of the project may take several months.

Nord Stream-2 is a gas pipeline that should connect Russia with Germany along the bottom of the Baltic Sea. The length of the route is more than 1200 km, the capacity of the new pipeline will be 55 billion m³ of gas per year.

Related: What Bundestag's decision on Nord Stream 2 means for Ukraine?

The cost of the project is 9.5 billion euros, it is financed in half by Russian Gazprom and five European companies: the Anglo-Dutch Shell, German Wintershall and Uniper, the French Engie and the Austrian OMV.

Nord Stream-2 will have the capacity to transport 55 billion cubic meters of gas per year from Russia to Germany along the bottom of the Baltic Sea. Ukraine could lose up to $ 3 billion, or 3% of GDP due to the Nord Stream-2.

As we reported earlier, On December 17, the U.S. Senate approved the defense budget, which provides the sanctions against Nord Stream-2.

Related: EU condemns U.S. sanctions against Nord Stream 2

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