Gazprom will be able to finance the Nord Stream 2 gas pipeline project even if the U.S. imposes sanctions on Western European partners in the project,
Monday, July 2, 2018

Gazprom will be able to finance the Nord Stream 2 gas pipeline project even if the U.S. imposes sanctions on Western European partners in the project,

Gazprom will be able to finance the Nord Stream 2 gas pipeline project even if the U.S. imposes sanctions on Western European partners in the project, Paul Corcoran, the company’s CFO tells German newspaper Welt am Sonntag. He says: “The project will definitely be financed. It is important for Gazprom, and Russia currently has a high liquidity in euros.” The Trump Administration has not made public a decision to sanction European companies involved in the pipeline. The issue may be discussed by Donald Trump and Vladimir Putin when the two leaders meet in Helsinki on July 16.

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