Gazprom: Nord Stream 2 construction to be finalized in 2021

The construction of Nord Stream 2 will be finalized this year, Chairman of the Board of Directors of Russia’s gas producer Gazprom Viktor Zubkov told reporters on Friday.

"The active work is underway, with quite a bit remaining to be done," he said. "It will surely be completed this year, definitely," TASS cited Zubkov as saying.

The works have been fulfilled by 90-92%, he noted.

The Nord Stream 2 project envisions the construction of two pipeline strings with a total capacity of 55 bln cubic meters per year from the coast of Russia through the Baltic Sea to Germany. The construction was suspended in December 2019 when the Swiss pipe-laying company Allseas stopped the works due to US sanctions. However, the construction resumed in December 2020. The pipeline is currently under construction in Danish territorial waters.