Denmark’s holdup of permits for Russia’s Nord Stream 2 trans-Baltic gas pipeline will cost the project an extra $740 million and delay completion until fall 2020, reports Reuters, citing a letter from the pipeline company to the Danish Energy Agency. Gazprom says the 1,230 pipeline is 70% built, but the Danes are holding up construction of a key 150 km segment. In March, Gazprom submitted a third route through Danish economic waters, but the Danish Energy Agency said they would need a new environmental impact study. Nord Stream 2 complained that this was “a deliberate attempt to delay completion of the project.”
Denmark’s holdup of permits for Russia’s Nord Stream 2 trans-Baltic gas pipeline will cost the project an extra $740 million and delay completion until fall 2020,
