Kremlin has ships to finish Nord Stream 2 in two months, says Energy Minister Novak



by   |  VIEW 960

Kremlin has ships to finish Nord Stream 2 in two months, says Energy Minister Novak

Despite a US sanction on contractors of Nord Stream II AG gas pipeline, a 1,222-kilometer two-lane gas pipeline under the Baltic Ocean that would be channeling Russian gas into Central Europe through the German city of Greifswald, Russian Energy Minister Alexander Novak said in an interview on Thursday, the 26th of December 2019, that the groups behind Nord Stream II AG involving Russian state-backed energy giant Gazprom could complete the 1,222 kilometers pipeline within a timeline of two months, an Interfax news agency report published on Thursday (December 26th) had unveiled.

In point of fact, following a US sanction on last Friday (December 20th) over the contractors laying off pipeline for the Nord Stream AG II project, questions were asked whether Kremlin and Berlin could finish the project within a planned deadline, nonetheless, assuaging Europe’s concerns over natgas supply, Novak’s comment came as a breather amid another steep US sanction on Russia.

However, latest US ban on Nord Stream AG II pipeline contractors came forth as the United States itself was looking to offload its rapidly building liquified natural gas (LNG) inventory amid an en masse supply glut alongside a multi-month low natgas price.

Aside from that, a Russian Newspaper, The Kommersant Daily report published on Thursday (December 26th) quoted the Russian President Vladimir Putin as saying, “Russia has a ship specialized in laying pipelines that can complete the construction of the Nord Stream 2 gas pipeline in two months despite a Washington sanction on contractors laying pipelines. ”