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Russia's slight changes to Nord Stream 2 timings possible - Gazprom chief

Gasoil News - Published on Wed, 22 May 2019

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Mr Alexey Miller, chief executive of Gazprom, the Russian state gas producer leading the project, was quoted as saying that slight changes to the schedule of Russia's Nord Stream 2 gas pipeline project to Germany are possible. Delays in obtaining permits from Denmark could cause the launch of the project to be delayed from late 2019 to 2020, Interfax cited Nord Stream 2 AG. Mr Miller was cited by Interfax as saying in a television interview due to be aired later on Sunday "Even if some situations occur, it's important to understand that they could affect the project's deadlines, but in a very, very insignificant way. In reality the atmosphere is not so bad, work continues, work continues at a good pace. And four fifths of the capital expenditures required to build the gas pipeline have now been financed."

Nord Stream 2 is led by Gazprom, with 50 percent of the funding provided by Germany's Uniper and BASF's Wintershall unit, Anglo-Dutch firm Shell, Austria's OMV and France's Engie.

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Posted By : Rabi Wangkhem on Wed, 22 May 2019
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