Russia can implement the «Nord stream — 2» on their own, Putin said

© RIA Novosti / Sergey Goneeverything in potomacfever Putin at the international forum Russian power generation week. 3 Oct 2018Russia can implement the «Nord stream — 2» on their own, Putin said© RIA Novosti / Sergey Goneeverything the image Bank

Russia is able to implement the project «Nord stream-2» on their own, there are no unsolvable problems, said Russian President Vladimir Putin during the plenary session of the Russian energy week in response to the statement of chief Executive officer of Shell Ben van Bearden about the possibility of the company’s exit from gas pipeline project in the case of U.S. sanctions.

«We are all aware, we understand the realities. We implement the project on its own, we have no problems, and they will not, i.e. they can occur, of course, but we will solve them», — said Putin.

The project «Northern stream-2» involves the construction of two pipelines with a total capacity of 55 billion cubic meters of gas off the coast of Russia through the Baltic sea to Germany. The new pipeline is planned to be build next to the existing «Northern stream». It will pass through the territorial sea or the exclusive economic zone of the countries located along the shores of the Baltic sea: Russia, Finland, Sweden, Denmark and Germany. Of these countries, the company 2 the Nord Stream AG, the operator of the «Nord stream-2», left to obtain a construction permit only from Denmark.

Earlier, the US demanded from the European countries to cease participation in the project «Northern stream-2» and threatened sanctions for those who do not go for it. In return Russian gas, the U.S. promoting its own with the construction of LNG regasification terminals in Europe.

Russia can implement the «Nord stream — 2» on their own, Putin said«Nord stream – 2»