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2021-09-10 12:50:00

NORD STREAM 2 COMPLETED

NORD STREAM 2 COMPLETED

PLATTS - 10 Sep 2021  - Russian gas giant Gazprom said Sept. 10 that construction work on the Nord Stream 2 pipeline has been fully completed.

"At Gazprom's morning meeting on operations, chairman of the management committee Alexei Miller announced that this morning at 08:45 Moscow time [05:45 GMT] construction of the Nord Stream 2 gas pipeline was fully completed," Gazprom said on its official telegram channel.

On Sept. 6, Gazprom said that pipelaying work on the project had been completed and commercial operations are expected to begin before the end of 2021. Nord Stream 2 includes two strings of 27.5 Bcm.

Completion of construction follows years of concerns about the impact of US sanctions, which caused numerous delays. In May, US President Joe Biden granted a waiver to both Nord Stream 2 AG and its chief Matthias Warnig, exempting them from sanctions and effectively allowing the pipeline to be completed.

The availability of Nord Stream 2 is a key factor currently impacting the European gas market.

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Earlier:

NORD STREAM 2 COMPLETED
2021, August, 26, 16:25:00
NORD STREAM 2 RULES
"This means that the Nord Stream 2 gas connection pipeline is subject to German regulation by the Federal Network Agency
NORD STREAM 2 COMPLETED
2021, July, 29, 13:40:00
NORD STREAM 2 PACT
Germany and the US agreed on July 21 a number of measures to protect Ukraine's energy security and block any attempts by Russia to use energy as a "weapon" once the Nord Stream 2 gas pipeline starts up.
NORD STREAM 2 COMPLETED
2021, May, 20, 14:00:00
NORD STREAM 2: NO SANCTIONS
US President Joe Biden entered the White House with the pipeline already nearly finished, leaving him with the decision of upsetting Germany or giving a win to Russian President Vladimir Putin.
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Tags: NORD, STREAM, GAZPROM, RUSSIA, SANCTIONS