With US sanctions hanging over the Nord Stream 2 gas pipeline, talks continue to attract €6 billion, or 63% of the total project cost

Wednesday, January 30, 2019
With US sanctions hanging over the Nord Stream 2 gas pipeline, talks continue to attract €6 billion, or 63% of the total project cost

With US sanctions hanging over the Nord Stream 2 gas pipeline, talks continue to attract €6 billion, or 63% of the total project cost, according to Russian news reports citing Paul Corcoran, financial director of Nord Stream 2 AG. Speaking Monday at the European Gas Conference in Vienna, Corcoran said 500 km of the 1,222 km – or 41% — of Russia-Germany Baltic gas line has been laid. Corcoran asserted that construction is on schedule for completion by the end of this year, TASS reports.

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