Russia's Nord Stream 2 is almost finished. Slovakia could lose millions

The parastatal Eustream gas carrier is not worried, though. It is expanding its transmission capacities in all cardinal directions.

The Nord Stream 2 pipeline is installed in Swedish waters.The Nord Stream 2 pipeline is installed in Swedish waters.(Source: Nord Stream 2)

In mid-June 2015, three energy giants, namely German E.ON, British Shell and Austrian OMV, agreed with the Russian energy giant Gazprom on the construction of the Nord Stream 2 Pipeline in the Baltic Sea. Four years have passed, and the new gas pipeline is nearly finished.

It was this pipeline, the transit of Russian gas and its storage in Slovakia, that Slovak Prime Minister Peter Pellegrini (Smer) discussed with Russia's President Vladimir Putin in early June, 2019.

“The visit to Russia did not bring any new significant changes in recent rhetoric to the table,” said Capital Markets analyst Radoslav Tupý. The prime minister did not succeed in signing new agreements, which we would not have been aware of beforehand, he added.

Russia should complete the new gas pipeline by December 2019, athough this deadline may not be met, the Bloomberg agency wrote.

Slovakia to lose due to NS2

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Get daily Slovak news directly to your inbox

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Theme: Peter Pellegrini


Top stories

Kuciak’s boss: I'm 100 percent sure Kočner ordered the murder

Kuciak was not doing it for money but for a higher principle, said editor-in-chief of Aktuality.sk.

Ján Kuciak's colleagues

National court drama intensifies as polls raise alarm

The first week of the Kuciak murder trial saw key witnesses take the stand while polls do not rule out a far-right victory in February.

Peter Toth

Haščák said the message he got from Kočner was not about Kuciak

Two people have already been punished in the murder case.

Penta financial group partner Jaroslav Haščák was called forward to the court because of a message Kočner had sent to him prior to the Kuciak murder

President Čaputová: The path of hatred leads to tragedies and crimes

The president and the prime minister commemorated the inhabitants of Ostrý Grúň and Kľak killed during WWII.

The commemorative event in the village of Kľak.