Finance
Denmark to allow preservation work on damaged Nord Stream 2 pipeline
Published by Global Banking & Finance Review®
Posted on January 28, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 28, 2025
1 min readLast updated: January 27, 2026
Denmark's energy agency allows preservation work on the damaged Nord Stream 2 pipeline to prevent further gas blow-out and seawater intrusion.
HELSINKI (Reuters) - Denmark's energy agency on Tuesday said it had granted Nord Stream 2 AG, a unit of Russia's Gazprom, permission to conduct preservation work on the Nord Stream 2 gas pipeline in the Baltic Sea, which was damaged in a series of blasts in 2022.
"The work aims to preserve the damaged pipeline by installing customised plugs at each of the open pipe ends to prevent further gas blow-out and the introduction of oxygenated seawater," the agency said in a statement.
Nord Stream 2 AG completed the $11 billion pipeline project in 2021 to pump gas from Russia to Germany. But Germany halted the plan as relations with Moscow broke down ahead of Russia's war in Ukraine, while the United States imposed sanctions.
In September 2022, one of the two lines of the Nord Stream 2 pipeline was damaged by mysterious blasts, along with both lines of Nord Stream 1. No one has taken responsibility for causing the damage.
(Reporting by Essi Lehto, editing by Terje Solsvik)
The article discusses Denmark's approval for preservation work on the Nord Stream 2 pipeline, damaged by blasts in 2022.
Germany halted the pipeline due to deteriorating relations with Russia and geopolitical tensions.
The work aims to install plugs to prevent further gas blow-out and seawater intrusion.
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