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FX.co ★ Bloomberg: Nord Stream 2 nearly complete

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Forex Humor:::2021-09-02T14:12:11

Bloomberg: Nord Stream 2 nearly complete

While Russian officials were unwilling to indicate the date of the Nord Stream 2 gas pipeline completion, Bloomberg stated September 12 to be the actual deadline.

Bloomberg scrutinized the data from the Federal Maritime and Hydrographic Agency and concluded Nord Stream 2 is likely to be completed by September 12. Currently, Fortuna, the crane vessel, is laying the pipeline in the Danish Exclusive Economic Zone (EEZ). It will continue its work in German waters. The pace of construction suggests that the remaining 13-14 km section will be completed by September 12.

The Federal Waterways and Shipping Administration as well as Radio Navigational Centre Emden confirmed the information in their announcements. The Nord Stream 2 AG has not made any official comments.

Recently, President Vladimir Putin said the Nord Stream 2 pipeline was close to completion. At that moment, only 15 km of the pipeline was left to finish. The President also added that Moscow was ready to send gas via Ukraine even after 2024. However, Russia needs to be informed on the volume of gas exports first.


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