OMV says invests 44 mln euros in Nord Stream-2 April–June

MOSCOW, Jul 31 (PRIME) -- Austria’s OMV invested 44 million euros in construction of the Russian gas pipeline Nord Stream-2 in April–June, the company said in a report on Wednesday.

In January–June, financing of the project by the company reached 88 million euros. In 2018, OMV invested 275 million euros.

The Nord Stream-2 project envisages construction of two lines of a natural gas pipeline with an annual capacity of up to 55 billion cubic meters, running from the Russian shore to Germany under the Baltic Sea. Gazprom is implementing the project together with Germany’s E.ON and BASF, Royal Dutch Shell, OMV, and France’s Engie. The length of the pipeline’s route exceeds 1,200 kilometers.

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