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 rises 3.7% to $125.94 per barrel

Azerbaijan and Uzbekistan invest $389M in projects

Aluminum foil exported from Armenia to Azerbaijan

Azeri light climbs to $121.43 per barrel

Oil prices plunge on global markets

Gold and silver prices fall on global markets

Oil prices fall further on global markets

Global oil prices continue downward trend

Oil prices fall further on global markets

Global oil prices extend decline

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