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IPFS News Link • Russia

Russia's Nord Stream 2 Pipeline Ready to Bypass Last Holdout Denmark Painlessly

•, by bne IntelliNews

Russia's gas pipeline Nord Stream 2 to Germany via the Baltic Sea can bypass Denmark with no additional cost, thus removing the last obstacle to construction as Denmark was the last country to not issue the construction permit to the contested pipeline.

"We have developed an alternative route that will not require any additional permits," the board member of Austrian OMV Manfred Leitner told the press on August 2 as cited by Vedomosti daily, while stressing that the cost of the project will remain at €9.5bn.