The story of the day, not discussed in mainstream media, involves Nord Stream 2, a gas pipeline between Russia and the EU. The feature image is from Gazprom.
Gazprom says “The new pipeline, similar to the one in operation, will establish a direct link between Gazprom and the European consumers. It will also ensure a highly reliable supply of Russian gas to Europe.”
Some suggest the EU is unwise to depend on Russia. That is nonsense. Why?
Free trade stops wars!
Regardless, it is the EU’s decision to make, not Trump’s, and the deal is already underway.
Gazprom, Partners Invest €4.8 Billion Nord Stream 2 Construction
TASS, the Russian news agency reports Gazprom, Partners Invest €4.8 Billion Nord Stream 2 Construction.
Believe that? Why not? There is no dispute from the EU.
My point is the investment.
Russia’s gas producer Gazprom and its Nord Stream 2 partners have invested a total of 4.8 bln euro in the project on natural gas pipeline construction as of the end of June, Chief Financial Officer of Nord Stream 2 AG, the operator of the pipeline construction, Paul Corcoran told journalists on Thursday.
“We have received 96% of the pipes, we have concrete coated 55% of those pipes and we mobilized vessels for the pipelines. So we are quite well prepared on track and on time for the project,” CFO added.
The Nord Stream 2 pipeline is expected to come into service at the end of 2019.
Stop It All Says Trump
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