Nord Stream 2: ‘Necessary, Safe, Economic and Legal.’

(Amends quote in paragraph 5 and clarifies finance structure in paras 8-9) Despite encountering several political obstacles, the Russian-backed gas pipeline Nord Stream 2 (NS 2) is needed in the European Union and it will be completed by its original goal of 2019, said its representatives at the European Business Summit in Brussels May 23. NS 2 is the second, 55bn m³/yr line that will run from northern Russia to Greifswald in northeast Germany, following the already-functioning Nord Stream 1 for much of the way.

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