Russia to Overcome EU Members' Opposition to Nord Stream 2 Project - Envoy

© Sputnik / Sergey Guneev / Go to the mediabankETERNO shop of the Chelyabinsk Pipe-Rolling Plant
ETERNO shop of the Chelyabinsk Pipe-Rolling Plant - Sputnik International
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Opposition to the construction of the Nord Stream 2 pipeline project in Europe will be overcome, Russia's Permanent Representative to the European Union Vladimir Chizhov told Sputnik.

MOSCOW (Sputnik) — Chizhov spoke on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

Gazprom Chairman of the Board Alexei Miller visits the ETERNO shop of the Chelyabinsk Pipe-Rolling Plant - Sputnik International
Nord Stream 2 Pipeline Needs No Special Agreement Between EU, Russia

"Of course it will be, primarily because it is a commercial project," Chizhov said Thursday.

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.

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