Gazprom will reveal Nord Stream 2 finance details by end of March

By Staff reporter 3 March 2017

Gazprom will disclose the arrangement for financing the construction of the Nord Stream 2 gas pipeline before the end of March, the company’s deputy chief executive, Alexander Medvedev, said in an interview with the Financial Times.

Gazprom had signed an agreement with its European partners to finance the pipeline via a project company, but Polish regulators sought to block the company from becoming a joint venture. Gazprom and its European partners later said they would seek a new cooperation arrangement.

"Theoretically, Gazprom could carry the whole cost...

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