Russia says Europe missing out on gas with Nord Stream 2 delay


The logo of the Nord Stream 2 gas pipeline project is seen on a large diameter pipe at the Chelyabinsk Pipe Rolling Plant owned by ChelPipe Group in Chelyabinsk, Russia, February 26, 2020. REUTERS

MOSCOW: Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signalled on Friday.

Deputy Prime Minister Alexander Novak said European companies that invested in the project, which is awaiting German and EU regulatory approval, would be able to ask for additional gas on top of their long-term contracts via the route.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Russia , Nord Stream 2 , gas ,

Next In Business News

Germany’s 2Q GDP better than expected
South Korea shares rise ahead of Nvidia earnings
Asia-Pacific region to grow 4.2%; AI boom to cushion headwinds
Japan's Nikkei reverses course to rise as chip shares track South Korea�rebound
Commodity vessel transits through Strait of Hormuz hit three-month low�data shows
Lego sales rise as World Cup products draw new customers
New Sinopec boss presses reset for world's biggest oil refiner
Asia-Pacific airlines to maintain growth despite cost headwinds - S&P
VW CEO faces workers angry over his plan to cut 100,000 jobs
China taps AI for tax system modernisation drive

Others Also Read