Nord Stream 2 Pipe-Laying Vessel Nears Project Hub
MOSCOW (Reuters) — Russian pipelaying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, is heading towards the German project hub of Mukran, Refinitiv Eikon data showed on Monday.
According to the ship tracking data, the vessel is due to arrive at Mukran port - where pipes for the Nord Stream 2 are stored - on Tuesday Oct. 27, having been near the Russian port of Kaliningrad since early October.
The $11 billion Nord Stream 2 gas pipeline, which Moscow wants to build on the bed of the Baltic Sea to Germany to double the existing Nord Stream pipeline's capacity, has become a focal point of Russian tensions with the West.
Critics of the pipeline say it will increase Europe's reliance on Russian gas. The Kremlin last week said that U.S. sanctions targeting the project were unfriendly and destructive.
Construction of the 764-mile (1,230-km) pipeline is nearly finished but a final stretch of about 75 miles (120 km) in Danish waters still needs to be laid.
Work was halted in December when pipelaying company Swiss-Dutch Allseas suspended operations after U.S. sanctions targeted companies providing vessels to lay the pipes.
Nord Stream 2 is led by Russian gas giant Gazprom, with half of the funding provided by Germany's Uniper and BASF's Wintershall unit, Anglo-Dutch oil major Shell, Austria's OMV and Engie.
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