Nord Stream 2 flounders as partners withdraw

By Annemarie Botzki 16 August 2016
Pipe supply contracts for Nord Stream 2 have already been awarded to Europipe, OMK and ChelPipe. (Gazprom) Pipe supply contracts for Nord Stream 2 have already been awarded to Europipe, OMK and ChelPipe. (Gazprom)

The Nord Stream 2 pipeline was dealt another blow on Friday when Gazprom’s prospective European project partners withdrew their applications to form a joint venture.

While some say Gazprom will continue to push the project forward while its European partners look at legal alternatives, others have suggested the withdrawal could prove fatal.

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