Oil, gas and mining

Nord Stream ahead! Landmark Russia-Germany gas pipeline completed



After three years and $11 billion (not to mention a few political hurdles), Russia’s mammoth new gas pipeline has seen its final piece welded into place. Nord Stream 2 will allow Gazprom to ship directly to Europe, supplying gas to 26 million households.

Gazprom is aiming for the pipe to be in operation by the end of the year, and the timing couldn’t be better, as European demand for imported gas continues to increase.

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