Nord Stream 2 expected to be finished in September
As is well known, Nord Stream 2 is under heavy pressure. The U.S. is threatening sanctions and the anti-Russian front in the EU, consisting mainly of Poland and Baltic states, is trying everything to prevent the completion of the pipeline. The fact that the project has not yet been buried is thanks to Chancellor Merkel, of all people.
The Russian side has announced by when the completion of Nord Stream 2 is planned. The target date is not a surprise.
While Chancellor Merkel has otherwise been a loyal vassal of the U.S. on all issues and has not even had a problem with the U.S. "ally" tapping her cell phone, she is going against the will of the U.S. on Nord Stream 2.
Merkel has announced that she will step down after the elections in September. Whether her successor will also still support the project is more than questionable. Therefore, the goal of the Nord Stream 2 operators must be to complete the pipeline by September. And that is exactly what the operators have now announced, as reported by Russian television. I have translated the message from Russian television.
The pipe-laying vessel "Akademik Tshersky" will finish the section of the Nord Stream 2 gas pipeline in Danish territorial waters, the project operator, Nord Stream 2 AG, announced.
The "Akademik Tshersky" has left the port of Wismar to conduct tests in Kaliningrad. "After their completion, the vessel will start laying the pipeline in Denmark's exclusive economic zone," the company said. Earlier, the Danish Maritime Authority (DMA) gave permission for the work to be carried out. About 100 kilometers of pipes still need to be laid in the Baltic Sea near the coasts of Germany and Denmark. So far, only the crane ship "Fortuna" has worked on the pipeline in German waters.
Work to lay Nord Stream 2 pipes in Danish waters will continue until the end of September, DMA reported.
German company Uniper, one of the financial partners in the construction of Nord Stream 2, announced on March 4 that the project is 98 percent complete.
The project was scheduled to be completed in 2020, but work was halted at the end of 2019 after the United States forced European companies to pull out of the project. Russia is now building the gas pipeline in the EU under its own power using the ships "Akademik Chersky" and "Fortuna."
There is a high probability of starting the delivery of gas in 2021 through the new pipeline of two pipe strings, which stretches from the Russian port of Ust-Luga over 1,230 kilometers through the Baltic Sea to the German town of Greifswald. The pipeline has a capacity of 55 billion cubic meters per year. When it comes to stream, gas deliveries from Russia to the EU through the Baltic Sea will double.
The project, which will cost more than 10 billion euros, is being implemented by Nord Stream 2 AG, which was founded by
The pipeline is owned by the Russian gas company. According to the agreement, there are the following financial investors: Gazprom (50%), the remaining 50% of shares have been taken by the following five companies at 10% each or 750 million euros: Wintershall Dea, OMV, Uniper, Shell, and Engie.