Nord Stream 2 Chief Says Pipeline To Be Finished This Summer
Berlin, (UrduPoint / Pakistan Point News - 12th Jul, 2021 ) :The controversial Nord Stream 2 gas pipeline from Russia to Germany will be completed this summer, the head of the company behind the project said in an interview with German media on Sunday.
Despite the threat of US sanctions, "we will have a pipeline that meets all licensing requirements and international industry standards," he said, adding that he hoped it would be operational "before the end of this year".
The project is set to bypass Ukraine's pipeline infrastructure, depriving the country of around a billion Euros annually in transit fees and, Kiev fears, removing a key check on potential Russian aggression.
Poland and the Baltic states have also strongly opposed Nord Stream 2, fearful that Russian President Vladimir Putin will gain greater power over smaller countries that broke free from Moscow's control with the end of the Cold War.
"I no longer rule anything out. If you were to sanction the buyers, however, you would be entering a new dimension of economic warfare," he said.