NORD STREAM CONSORTIUM ANNOUNCES NEW SUPPLIERS

BY KEITH NUTHALL

THE CONSORTIUM operating the Nord Stream project gas pipelines between Russia and Germany has chosen the three companies supplying a second line. Europipe (Germany), OMK (Russia) and Sumitomo (Japan) will share a Euro 1 billion contract: Europipe will supply 65% of the steel pipes; OMK 25 %; and Sumitomo 10%.

ENDS


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