Putin: Nord Stream 2 Will be Finished by Q1 2021
MOSCOW/BERLIN (Reuters) — Russian President Vladimir Putin said he hoped the Nord Stream 2 gas pipeline would be completed by the end of the year or in the first quarter of 2021, after sanctions imposed by the United States delayed construction.
The pipeline, which will carry Russian gas to Europe avoiding transit across Ukraine, requires some 160 kilometers (100-miles) of pipes to be laid and was initially expected to be in operation in the first half of 2020.
Last month, the Swiss-Dutch company Allseas suspended pipe laying after Washington imposed sanctions against Nord Stream 2, saying the pipeline would make Europe too reliant on Russian gas.
“We, of course, would be able to finish construction on our own and without involving foreign partners,” Putin told a joint press conference with German Chancellor Angela Merkel on Saturday in Moscow.
Russian state gas company Gazprom has two pipe-laying vessels which it could use to do the job.
“I believe that this project is legitimized by new European regulation and that we therefore should complete it,” Merkel told the same press-conference.
She added that irrespective of Nord Stream 2, Germany and other European countries “all have an interest in the diversification of their gas deliveries and will continue to work in this direction.”
Related News
Related News
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
Comments