Cyprus Mail
Russia World

Russia completes Nord Stream 2 gas pipeline construction

file photo: the logo of the nord stream 2 gas pipeline project is seen on a pipe at the chelyabinsk pipe rolling plant in chelyabinsk, russia
REUTERS/Maxim Shemetov/File Photo

Russian energy giant Gazprom said on Friday it had finished construction of the Nord Stream 2 gas subsea pipeline to Germany, completing Moscow’s project to increase its gas exporting capability and bypass Ukraine.

The much-politicized pipeline will double Russia’s gas exporting capacity to Europe via the Baltic Sea and will allow Moscow to circumvent its political foe Ukraine as a major route for its lucrative gas exports to Europe.

“The head of the management board, Alexei Miller, told the morning meeting at Gazprom that the construction of Nord Stream 2 was fully completed today in the morning at 0845 Moscow time,” Gazprom said.

Gazprom started the construction of the 1,200-km long pipeline from Russia to Germany five years ago. The progress of the $11 billion project was halted in the end of 2019 when the then U.S. President Donald Trump imposed sanctions against it.

The construction restarted around a year later with the engagement of Russia’s own vessels.

The route, jointly with the existing Nord Stream pipeline, will double the annual export capacity to 110 billion cubic metres, around the half of Russia’s total gas exports to Europe a year.

The project has drawn criticism from the United States and Ukraine among others. Russia said on Thursday pumping commercial gas supplies via Nord Stream 2 would not start until a German regulator gives the green light.

Gazprom’s Western partners in the project are Germany’s Uniper, BASF’s Wintershall Dea, Anglo-Dutch oil major Shell, Austria’s OMV and French energy company Engie.

Related Posts

Germany signals it could halt gas pipeline if Russia invades Ukraine

Reuters News Service

No bidders for Rome villa with world’s only Caravaggio mural

Reuters News Service

Tonga’s volcanic eruption may harm environment for years, scientists say

Reuters News Service

Sensitive marine area around Galapagos Islands expanded

Reuters News Service

Animal rights activists slam Turkish camel wrestling festival

Reuters News Service

Metsola becomes third woman to head EU parliament

Reuters News Service