The Board of Directors of Gazprom approved a number of agreements required for the implementation of Nord Stream-2 gas pipeline project, the press office of the Russian gas holding told Construction.RU on Monday.
The matter concerns transactions, which are of great interest, but are classified so far. The Board’s resolution indicates that the conditions of these deals, as well as their parties, could be disclosed only after the transaction are completed.
We should remind you that the implementation of this purely economic project faces opposition on the part of the governments of Poland, the former Soviet Baltic States and Ukraine.
The pipeline is designed to run under the Baltic Sea from the Russian coast to Germany. The throughput of each of the two lines will be 27.5 billion cubic meters per year. Investments into the project are estimated at 9.9 billion euro.