Germany Says Nord Stream 2 Picked a Ship to Finish Gas Pipeline

  • Russia may have found a way to skirt U.S. sanctions on link
  • Construction due to resume this week after a year’s delay
Russian pipe-laying vessel 'Akademik Cherskiy'.Photographer: Alex Kraus/Bloomberg
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Nord Stream 2 has picked a ship to finish laying sections of its pipeline under the Baltic Sea, a German agency overseeing the work said, indicating the Russian company has found a way to get around U.S. sanctions that have halted the project.

Germany’s Maritime and Hydrographic Agency said on TuesdayBloomberg Terminal “it assumes” the company building the natural gas pipeline will use the Akademik Cherskiy. If confirmed, it would end the mystery about how the Russia’s gas export company Gazprom PJSC will finish work after Switzerland’s AllSeas Group SA pulled out of the project last year.