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Sweden says not happy with Nord Stream-2, but will mull bid

STOCKHOLM, Sep 8 (PRIME) -- Sweden is not happy with a project to build the Nord Stream-2 gas pipeline through the Baltic Sea to Germany, but will consider a bid on permission for works in its economic zone if receives it, Swedish Foreign Minister Margot Wallstrom said Thursday.

“The government will consider a bid for permission in accordance with our national laws and rules and the international law if such bid is submitted,” Wallstrom said.

Sweden does not like the project, but does not have any legal grounds to suspend it, she said.

The Nord Stream-2 project envisages construction of two lines of a gas pipeline with an annual capacity of up to 55 billion cubic meters, 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.

End

08.09.2016 18:05
 
 
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