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Most of Nord Stream 2 to be paid for by 2019

Published by , Senior Editor
World Pipelines,

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.

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