Published: Wed, May 16, 2018
People | By Leon Thompson

Russian regulatory agency approves Nord Stream 2 gas pipeline project

Russian regulatory agency approves Nord Stream 2 gas pipeline project

Nord Stream 2 AG said in its statement that five dredgers are now working on the trench for the two pipeline strings. Nord Stream 2 will largely follow the route and technical concept of the successful Nord Stream Pipeline. The regulatory authority granted the consortium a permit in January to build the pipeline in German territorial waters.

He added that supporting Ukrainian independence and maintaining the Ukrainian gas transit route after 2019 is crucial to the stability of Europe.

The Deputy head of Polish diplomacy also a lot of attention in article is paid to Ukraine and discussed the issues of gas transit through that country after the construction of Nord Stream 2.

The consortium has said it will mitigate environmental problems, while arguing for the economic case of the project, as Europe will need more imported gas in future.

Oil is sliding ahead of Trump's deadline on the Iran nuclear deal
Boeing separately struck another 30-airplane deal with Iran's Aseman Airlines for $3 billion at list prices. EDT [1733 GMT], just below the $78-level it hit on Thursday, its highest since November 2014.

"Even if the pipeline would appear to benefit Germany and Russian Federation in the short term, Europe as a whole will eventually lose, and the ultimate victor will turn out to be Russian Federation", he said in his article. US Ambassador to Germany Richard Grenell has criticized the Nord Stream-2 project in an interview with the Funke Mediengruppe.

Denmark still has to rule whether the pipeline can be built near its coast, for which there is no concrete timing.

Nord Stream 2 is a planned pipeline through the Baltic Sea, which will transport natural gas over some 1,230 km from the world's largest gas reserves in Russian Federation via the most efficient route to consumers in Europe.

Like this: