Developers confident of Danish OK for Russia-German gas pipe

Posted on Monday, March 25th, 2019 By The Associated Press

BERLIN (AP) — The company building a natural gas pipeline from Russia to Germany says it's confident of getting an outstanding permit from Denmark to close the gap on the 1,200-kilometer (746-mile) route.

A spokesman for the Nord Stream 2 project said Monday it has submitted proposals for two routes around Denmark's island of Bornholm that are currently pending with Danish authorities.

The Baltic pipeline has come under fire from the United States and some European countries that claim it could increase Europe's dependence on Russia as a supplier of energy.

Nord Stream 2 spokesman Jens D. Mueller told reporters in Berlin the company has "good reasons" to believe it's going to get the Danish permits in time to complete the pipeline this year.

Russia, Finland, Sweden and Germany have already issued permits.

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel