Nord Stream Says Permit Hurdles May Delay New Gas Link to EU

Bloomberg Quint | May 17, 2019 at 12:03 PM
  • The extension of an undersea pipeline carrying Russian gas to Germany may be delayed by at least half a year if Denmark forces the promoters of the link to construct it along an alternative route.
  • A court battle looms for the project over a revised EU gas market law.
  • Uniper SE, Engie SA, Royal Dutch Shell Plc, OMV AG and BASF SE’s Wintershall are European partners of Russia’s Gazprom PJSC in financing the project to expand Nord Stream by 55 billion cubic meters a year.