UP

Denmark approves Russia's Nord Stream 2 project

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
Denmark approves Russia's Nord Stream 2 project

Russian Foreign Minister Sergei Lavrov and his Danish counterpart, Jeppe Kofod, discussed the situation around Denmark's permit for the Nord Stream 2 gas pipeline’s construction in the country's territorial waters when they met in New York in September.

Axar.az reports citing Sputnik.

Denmark is now obligated to "allow the construction of transit pipelines with respect to resources and the environment and if necessary to assign the route where such pipelines should be laid”, according to the agency.

Nord Stream 2 AG, the operator of the Nord Stream 2 project, has laid more than 2,100 kilometres (1,300 miles) of the gas pipeline to date and will begin preparatory work and pipe laying near Denmark in the coming weeks, the company said in a statement.

Denmark’s decision on Nord Stream 2 is good news for European consumers as it ensures the competitiveness of the European economy, the German Committee on Eastern European Economic Relations said.

"Additional gas supplies help us maintain stable energy prices during periods of declining domestic production in the EU and growing demand", the committee said in a statement.

Date
2019.10.30 / 22:14
Author
Axar.az
See also

Azeri light crude jumps to $124.24 per barrel

Global oil prices rise amid regional tensions

Azeri light crude falls to 113.7

Azerbaijan delivers 105M cubic meters of gas to Syria

Azeri light crude drops 5.57%, hits 116.05 USD

Crude plunges as global markets react to Trump

Gold futures drop to $4,340 on COMEX

United Airlines to cut flights amid soaring fuel costs

Oil prices rise on global energy markets

Azeri light crude rises to $122.7

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla