EnergyWatch

Nord Stream 2 loan puts pressure on Denmark

The company behind the controversial Russian gas pipeline Nord Stream 2 has now been granted a loan of EUR 4.7 billion. This brings the Danish dilemma of whether to allow Russia to lead the gas pipeline through Danish waters one step closer.

Photo: Nord Stream 2 Presse

Russia's plans to construct a gas pipeline in Danish waters are now closer to realization after the state-backed Russian company Gazprom landed a deal with European energy companies to provide financing for upwards of DKK 35 billion (EUR 4.7 billion), reports Danish media Berlingske.

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