Reuters reports that the Nord Stream 2 gas pipeline project will be mostly paid for by next year.
Reuters reports that the Nord Stream 2 pipeline project, which will connect Russia to Germany, will be 70% paid for by next year, according to the Chief Executive of Austrian oil and gas company OMV.
The project partners will likely make another cash transfer by the end of 2018, OMV CEO Rainer Seele told Reuters in an interview.
Read the article online at: https://www.worldpipelines.com/business-news/19112018/most-of-nord-stream-2-to-be-paid-for-by-2019/
Vermeer built the next generation D550 horizontal directional drill (HDD) for performance.
This article offers a deeper look at how the D550 drill delivers productive directional drilling when installing large-diameter products like oil and gas pipelines, water lines and high-voltage electrical transmission lines at long distances.
