The study is published by Bloomberg based on data provided by the Oxford Institutes of Energy Research.
The primary problem for the completion of construction is the need to find a pipe laying. The Russian Akademik Chersky has already arrived in Kaliningrad, and according to unconfirmed reports, the ship, waiting for favorable weather in the spring, will begin construction. Another version suggests that Chersky will install equipment that is required to circumvent sanctions against German partners.
The second issue is Washington's sanctions imposed on organizations providing insurance, but the Russian National Reinsurance Company (RNPC), which is completely under state jurisdiction, may well act as a reinsurer.
Obtaining safety certificates and compliance with EU regulations is the third problem in the construction of a gas pipeline. The Norwegian company was forced to abandon cooperation with Nord Stream 2 due to the threat of US sanctions. However, according to experts, any other certifier can be hired by the gas pipeline operator.
Photo: Axel Schmidt / Reuters