The prolonged Nord Stream-2 saga has managed the unmanageable – industry watchers are becoming numb to the ever-changing prospects of the project and are becoming less and less likely to put forward any estimates as to when the pipeline might be eventually completed. Yet at the same time, the geopolitical factors surrounding the project continue to vex European governments. Although the Nord Stream project company was granted October 01 the last missing piece of the permitting puzzle, Denmark’s agreement to its pipe-laying activities on the Danish continental shelf, the subsea works are still where they were a year ago. The ambiguous prospects of Nord Stream 2 have a rather daunting effect on Gazprom’s traditionally hyper ambitious plans, forcing the Russian gas giant to be cautious, discreet and unassuming. As of end-October 2020, Gazprom has still not started pipelaying works on Nord Stream 2, despite having all required permits and […]