19:55 GMT +322 October 2018
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    Nord Stream 2 pipeline construction underway in Finnish waters in the Baltic Sea.

    Wintershall Ready to Provide Funds for Nord Stream-2 Alternative Route

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    Germany's Wintershall Holding is ready to provide additional financing for construction of the Nord Stream-2 pipeline using an alternative route in case Copenhagen refuses to issue a permit, Wintershall board member Tilo Viland told Sputnik.

    Viland said Wintershall would definitely support both alternative construction options.

    Previously, Russian President Vladimir Putin indicated to the German government that Russia would completely fund the Nord Stream 2 pipeline project in case the US sanctioned the joint consortium.

    READ MORE: Denmark Has Choice 'Between Reason & Politics' When It Comes to Nord Stream 2

    At the moment, Denmark is the only country to give permission to the project, as Russia, Germany, Finland and Sweden, have already issued documents allowing Nord Stream 2 to cross their national waters. In November 2017, Copenhagen made special amendments to the legislation, which allows the country to reject the construction of pipelines in Danish territorial waters for security reasons.

    Related:

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    Putin on Nord Stream 2: It Would Be a Shame if EU Fails to Defend Its Interests
    Shell Not Ruling Out Exit From Nord Stream 2 if US Introduces Sanctions - CEO
    Tags:
    Nord Stream 2, pipeline, Wintershall, Tilo Viland, Vladimir Putin, Germany, Russia, Denmark
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