Tag Archives: Nord Stream 2

The cost of building the gas pipeline is €9.5 billion.

Nordic nations have already voiced security concerns over the pipeline being laid near their shores under the Baltic.

Like Poland. the United States opposes the Nord Stream 2 pipeline.

Gazprom increased gas sales to almost all its buyers in Europe.

Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.

Russia plans to build the Nord Stream 2 natural gas pipeline under the Baltic Sea to Germany.

Southern Gas Corridor envisages the transportation of gas from the Caspian region to the European countries through Georgia and Turkey.

Asia’s biggest economy has also become the second-largest importer of LNG.

Russian gas monopoly Gazprom and Austria’s OMV discussed ongoing and future cooperation between the companies.

The US earlier this year threatened to impose fines on EU firms that invested in the pipeline.