23.02.2011 • News

Gazprom Confirms Nord Stream Timetable

The construction of Russia's Nord Stream gas pipeline to Germany is progressing according to plan,
Gazprom's spokesman said.

"There are no changes to the Nord Stream timetable. Everything is going according to plan," Sergei Kupriyanov told Reuters.

Russian Gas Society President Valery Yazev said earlier on Monday the second phase of the pipeline -- a project involving Gazprom, Germany's BASF E.ON as well as Dutch firm Gasunie - was suspended.

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.