Operator Keeps Nord Stream 2 Construction Plans

摘要

The Nord Stream 2 gas pipeline project operator still plans to begin offshore construction of the 55 Bcm/yr line from Russia to Germany this summer, according to the project’s CFO, meaning it believes it can resolve remaining regulatory uncertainties in the next two months. The pipe-laying vessels are ready to begin construction, Nord Stream 2 AG CFO Paul Corcoran said at an industry conference in Moscow on Tuesday. The project has received 96% of the needed pipes for the 1,200 km twin pipeline scheduled for launch in late 2019, he said.