Germany Supports Nord Stream 2 Gas Pipeline

© Sputnik / Alexei Kudenko / Go to the mediabankLaunch of second section of Nord Stream gas pipeline
Launch of second section of Nord Stream gas pipeline - Sputnik International
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Berlin favors the implementation of the Nord Stream 2 gas pipeline project, German Foreign Minister Sigmar Gabriel said on Thursday.

Gazprom Chairman of the Board Alexei Miller visits the ETERNO shop of the Chelyabinsk Pipe-Rolling Plant - Sputnik International
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WASHINGTON (Sputnik) — In April, Nord Stream 2 AG, a venture of Russian’s Gazprom energy giant and its European partners, signed a deal with OMV, Engie, Royal Dutch Shell, Uniper and Wintershall where the five firms agreed to provide half of long-term financing, estimated at $10.3 billion.

The launch of the Nord Stream 2 gas pipeline, which is designed to deliver an estimated 55 billion cubic meters of Russian natural gas a year to Germany across the Baltic Sea, bypassing Ukraine, is planned for 2018.

"You asked about Nord Stream-2. Yes, I am a supporter," Gabriel said.

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