Nord Stream 2 upbeat Denmark will approve €11bn gas pipeline project
The 1,225km pipeline, already under construction, has come under fire from the US and a number of eastern European, Nordic and Baltic Sea countries who fear it will increase EU reliance on Moscow
Berlin — The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180km stretch of the pipeline under the Baltic Sea in time to finish the project by the end of 2019 as planned, a spokesperson said on Monday. Nord Stream 2 spokesperson Jens Mueller said there was “good reason" to believe Danish authorities would process a second proposal submitted by the project in August 2018 within eight to 12 months, allowing the pipeline to be finished on schedule. Even if the Danes acted late in the year, the company could bring in additional ships to lay the pipeline, Mueller said, noting that two ships now working off the coast of Sweden were completing about 6km a day. At that rate, the Danish segment could be completed in a month, he said. The €11bn Nord Stream 2 project is led by Russian state energy firm Gazprom, with about 50% of the funding provided by Germany’s Uniper and BASF’s Wintershall unit, Anglo-Dutch firm Shell, Austria’s OMV ...
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