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    Launch of second section of Nord Stream gas pipeline

    Germany Supports Nord Stream 2 Gas Pipeline

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    Berlin favors the implementation of the Nord Stream 2 gas pipeline project, German Foreign Minister Sigmar Gabriel said on Thursday.

    WASHINGTON (Sputnik) — In April, Nord Stream 2 AG, a venture of Russian’s Gazprom energy giant and its European partners, signed a deal with OMV, Engie, Royal Dutch Shell, Uniper and Wintershall where the five firms agreed to provide half of long-term financing, estimated at $10.3 billion.

    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.

    "You asked about Nord Stream-2. Yes, I am a supporter," Gabriel said.

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    Nord Stream-2, Sigmar Gabriel, Germany
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