Sweden approves the construction of Nord Stream 2 pipleline

The Swedish government approved the construction of the Nord Stream 2 gas pipeline in its waters, the Minister of Entrepreneurship and Innovation of Sweden, Mikael Damberg stated at a special briefing, Interfax-Ukraine reports.

Earlier, Germany and Finland issued all the necessary permits for the construction and operation of the pipeline. Other countries along the pipeline route—Russia, Sweden and Denmark—were also expected to issue permits.

The Nord Stream 2 gas pipeline will run through the Baltic Sea, connecting suppliers in Russia with consumers in Europe. It will be more than 1,200 km long, with a capacity of 55 billion cubic meters of gas per year. The cost of the project is estimated at almost 10 billion euros.

The consortium members are Gazprom, Engie, OMV, Shell, BASF and Uniper.

President Petro Poroshenko previously called the Nord Stream 2 a political bribe to remain loyal to Russia.

  Nord Stream 2, Sweden