Ambassador: Austria wants to participate in Russia’s Nord Stream-2

MOSCOW, May 16 (PRIME) -- Austria wants to participate in Russia’s Nord Stream-2 gas pipeline project and its authorities view the goals of this project as purely economic, ambassador to Moscow Emil Brix told PRIME on Monday.

“Austria perceives this as an economic project and we would be glad to participate in it, and one of our companies is interested in implementation of this project,” Brix said.

A final decision on construction of the pipeline will be made in Europe, he said when asked how Austria will react to a U.S. proposal to suspend Nord Stream-2.

The Nord Stream-2 project envisages construction of two lines of a gas pipeline with a capacity of up to 55 billion cubic meters of gas annually, running from the Russian shore to Germany under the Baltic Sea. Russian gas giant Gazprom will hold 50% in the project, while E.ON, BASF, Royal Dutch Shell, and OMV will own 10% each, and Engie will get a 9% stake.

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