- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Russia Hopes EU Adopts Commercial Logic Over Politics in Nord Stream 2

© Sputnik / Sergey Guneev / Go to the mediabankPipes for the construction of the Nord Stream 2 pipeline
Pipes for the construction of the Nord Stream 2 pipeline - Sputnik International
Subscribe
The head of the Russian Foreign Ministry's Second European Department said that Russia hopes member states of the European Union pursue commercial instead of political logic on the Nord Stream 2 gas pipeline project.

Gazprom Chairman of the Board Alexei Miller visits the ETERNO shop of the Chelyabinsk Pipe-Rolling Plant - Sputnik International
Nord Stream 2 Gas Pipeline Shareholders Aim to Get 70% of Financing From Banks
MOSCOW (Sputnik) Russia hopes member states of the European Union pursue commercial instead of political logic on the Nord Stream 2 gas pipeline project, the head of the Russian Foreign Ministry's Second European Department old Sputnik.

"We hope that there will be purely commercial logic without a mix of certain political factors," Igor Neverov said on Friday.

Neverov stressed that Denmark's opposition to building the pipeline in its territorial waters has no legal or economic grounds.

The diplomat called the pipeline project beneficial for all parties and noted that the European Commission adopted an objective approach to the issue of the Nord Stream 2 project.

The Nord Stream 2 project’s implementation requires that Denmark, along with Russia, Finland, Sweden, Denmark and Germany, grant permits for the pipeline construction. However, according to the Financial Times newspaper, Danish government was dissecting the ways of banning the project and wanted the possible the impact on foreign and security policy as well as on the environment to be taken into consideration while deciding whether to permit the project.

The launch of the Nord Stream 2 gas pipeline, which is designed to deliver an estimated 55 billion cubic meters of Russian natural gas a year to Germany across the Baltic Sea, bypassing Ukraine, is planned for 2018. Russia’s energy giant Gazprom, Austrian energy company OMV, France's Engie, Royal Dutch Shell, Germany's Uniper and Wintershal are engaged in the project.

 

Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала