Putin says Russia has vessel to build Nord Stream 2

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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.

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