Danish opposition to Nord Stream 2 could force delay, boost cost

A new law in Denmark is expected to force the developer of Nord Stream 2 to alter the pipeline's route, increasing costs and delaying its completion date A new law in Denmark is expected to force the developer of Nord Stream 2 to alter the pipeline's route, increasing costs and delaying its completion date.
By Silvia Favasuli 9 November 2017 0 28315
Nord Stream 2 pipeline segments in Finland. Nord Stream 2 pipeline segments in Finland. (Nord Stream 2 AG)

Denmark’s efforts to block the passage of Nord Stream 2 through its waters have forced the pipeline developer to consider a new route, which could prove costlier and take longer to complete.

The Danish parliament is set to pass a law, effective from 1 January 2018, giving the country the right to ban pipeline projects crossing its waters on the grounds of foreign and security policy.

Paul Corcoran, chief financial officer at Nord Stream 2 AG, told Interfax Natural Gas Daily on the sidelines of the...

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