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Gazprom chief sets out benefits of Nord Stream 2

( June 16, 2016, 15:13 GMT | Official Statement) -- MLex Summary: In a speech at the St. Petersburg Economic Forum, Gazprom chief Alexey Miller has set out the advantages of plans to expand the Nord Stream pipeline, which transports natural gas to Europe, landing in Germany. The project will double the route’s capacity and respond to growing gas demand in northern Europe, Miller said today. Cheaper transit fees to Germany, compared with transporting gas to Europe via Ukraine, as well as the rise in demand can earn Gazprom $7 billion in dividends over the next 25 years, he said.Full statement follows: ...

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