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Russia

Putin says Russia has vessel to build Nord Stream 2

Russian President Vladimir Putin speaks during his meeting with Russian business community at the Kremlin in Moscow, Russia, 25 December 2019. More than 60 business people, heads of private and state-owned companies, banks, public organizations and entrepreneur's associations were invited to attend the meeting. EPA-EFE/ALEXANDER NEMENOV/POOL / POOL

 

President Vladimir Putin said Russia has a “pipe-laying vessel” to complete the construction of the Nord Stream 2 gas pipeline to Germany, Kommersant daily reported citing unnamed sources on Thursday, following sanctions imposed by Washington.

Putin spoke about the vessel to a gathering of Russian top businessmen late on Wednesday, Kommersant reported. He said, according to the newspaper, the completion of the project would be “stretched” by several months because of the sanctions.

U.S. President Donald Trump imposed sanctions last week on the Nord Stream 2 pipeline designed by Moscow to bypass Ukraine and increase gas supplies via the Baltic Sea to Germany, Russia’s biggest energy customer.

Swiss-Dutch company Allseas, which was laying the pipeline using two vessels – Pioneering Spirit and Solitaire – suspended work to avoid U.S. sanctions.

Read more via Reuters

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