Pipelines, Storage & Power

Nord Stream 2 has won its battle

The controversial pipeline, which many saw as doomed, has overcome its main obstacles and is now set to become reality The controversial pipeline, which many saw as doomed, has overcome its main obstacles and is now set to become reality.
By The Wildcat 5 October 2018 0 32796
The Solitaire pipelaying vessel. (Nord Stream 2)

Few pipelines have faced as many challenges from conception to development as Nord Stream 2. But despite opposition and industry scepticism that it would ever reach fruition, the project appears to have won the battle. 

The turning point came during a meeting between Russian President Vladimir Putin and German Chancellor Angela Merkel in Berlin in August. During the summit, Putin is thought to have privately told Merkel that Gazprom would be able to finance the Nord Stream 2 project on...