11:21 GMT +324 February 2018
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    Launch of second section of Nord Stream gas pipeline

    Nord Stream 2 Pipeline May Deprive Slovakia of Gas Transit Revenues - PM

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    Slovakia is concerned about the Nord Stream 2 gas pipeline project, since its implementation could deprive Bratislava of potential revenues from transiting gas, Slovakian Prime Minister Robert Fico said Friday.

    PRAGUE (Sputnik) — The Nord Stream 2 project aims to deliver 55 billion cubic meters of Russian natural gas a year to the European Union across the Baltic Sea to Germany, bypassing Ukraine, and subsequently, Slovakia. The gas pipeline project plans to use the original Nord Stream pipeline for 86-percent of the route before branching off.

    "If Nord Stream 2 is created, I wonder how the current [Slovakia's gas transportation] capacity will be used," Fico told the local Pravda newspaper, commenting on his meeting with Russian President Vladimir Putin on Thursday.

    He added that the Nord Stream 2 was the key issue discussed at the recent negotiations, as the implementation of the project could deprive Slovakia of an estimated 800 million euros (some $900 million) per year in gas transit revenue.

    Related:

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    Tags:
    gas pipeline, Nord Stream 2, Robert Fico, Slovakia
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