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home / news releases / OMVJF - Nord Stream 2 to start laying pipes in Danish waters on Jan. 15 regulator says


OMVJF - Nord Stream 2 to start laying pipes in Danish waters on Jan. 15 regulator says

The Gazprom-led (OGZPY) Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters, according to a notification issued by the Danish Maritime Authority, after a yearlong suspension of construction from the threat of sanctions from the U.S.The Danish regulator's website says the Fortuna vessel will perform pipe-laying work and will be assisted by construction vessels Baltic Explorer and Murman along with other supply vessels for the project on the Baltic Sea bed starting Jan. 15.The Fortuna is currently laying pipes in the shallow waters of the pipeline's German zone after work resumed this month.Gazprom's western partners in the project are Royal Dutch Shell ([[RDS.A]], [[RDS.B]]), BASF's Wintershall Dea (BASFY), Uniper (UNPPY), OMV (OMVJF) and Engie (ENGIY).The consortium has yet to lay more than 100 km of pipeline with capacity of 55B cm/year, although more than 90% of the project has been completed.

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Nord Stream 2 to start laying pipes in Danish waters on Jan. 15, regulator says
Stock Information

Company Name: OMV Aktiengesellschaft
Stock Symbol: OMVJF
Market: OTC

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