Will Nord Stream 2 bypass Denmark?

Nord Stream 2 could run through international waters if Denmark refuses to grant permission for the gas link to go through its waters, Chief Financial Officer of Nord Stream 2 AG, the operator of the pipeline construction, Paul Corcoran said.

Corcoran added that Gazprom and its partners have spent half of the budget, 2.4 billion euros, on Nord Stream 2.

"We have up until now 2.4 bln euro from Gazprom and 2.4 bln (euro) from the Western partners. So in total we have 4.8 bln (euro) at the end of June," TASS cited as saying.

"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.