The operator of Nord stream 2 is looking for a solution to complete the gas pipeline in the conditions of US sanctions and the coronavirus pandemic, writes EADaily concerning the operator of the Nord Stream 2 AG gas pipeline.
It is noted that the company’s office employees were sent to remote work, and international business trips were suspended. Preventive measures are also being taken to avoid the risk of infection at remote worksites and vessels.
“The pipeline was laid until December 20, 2019, when our contractor Allseas was forced to suspend work by threat of US sanctions, which the European Commission described as a violation of international law. This created a new situation for completing the project. Therefore, we are looking for a solution and will report it at the appropriate time,” Irina Vasilieva, head of corporate communications at Nord Stream 2 AG, told the Agency.
She said that “Nord stream-2” is constructed of 94%. In particular, 2,300 kilometers of about 2,460 kilometers were laid. The rest of the work, including the completion of landfall and offshore work to stabilize the pipeline, continues as planned, she added.
“Nord stream -2” involves the construction of two strands of a gas pipeline with a total capacity of 55 billion cubic meters of gas per year from the Russian coast through the Baltic Sea to Germany. It is implemented by Nord Stream 2 AG with the sole shareholder – Gazprom.
European partners-British-Dutch Royal Dutch Shell, Austrian OMV, French Engine and German Juniper and Wintershall-together Finance the project by 50%, that is, up to 950 million euros each. The remaining half of the funds – 4.75 billion euros – is accounted for by Gazprom.
The United States, which promotes its liquefied natural gas in the EU, as well as Ukraine and several European countries actively oppose “Nord stream -2.” The States in December imposed sanctions against the project, requiring the companies leading the laying to stop immediately construction. Swiss Allseas almost immediately announced the suspension of the project.