Sputnik: Gazprom to Confirm Business Plan for Nord Stream-2 in January

Russian energy giant Gazprom will confirm its business plan and pipeline tenders for the Nord Stream-2 project in January, Gazprom Deputy Chairman Alexander Medvedev said Monday.

“We are currently readying the business plan and simultaneously the tenders on a number of key positions such as the pipelines, which will both be confirmed in January,” Medvedev said during a press conference.

In June, Gazprom announced plans to build two additional branches of the Nord Stream gas pipeline, running from Russia to Germany, in a joint project with E.ON, Shell and OMV, with an estimated cost of 9.9 billion euro (over $11 billion).