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German business expects Nord Stream 2 will be completed in time

Chairman of the German Committee on Eastern European Economic Relations Wolfgang Buchele stated that the energy project is "highly important"

© Stefan Sauer/dpa via AP

MOSCOW, November 1. /TASS/. The German business expects that the Nord Stream 2 gas pipeline project will be completed in time because this project is critical for Germany, Chairman of the German Committee on Eastern European Economic Relations Wolfgang Buchele said on Thursday at a meeting with Russian President Vladimir Putin.

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Nord Stream 3 project possible if gas demand grows in Europe, Russian Energy Ministry says

"We also hope that despite all problems, the Nord Stream 2 project will be implemented in full scope and in accordance with the stated timeframe. The Nord Stream 2 is highly important because Germany will reject use of nuclear and coal energy," Buchele said. Europe needs that natural gas is delivered not only via the Nord Stream 2 but also through Ukraine, he noted. Interaction between the Russian and the German business will be improved if political relations between Russia and Germany experience changes, he added.

"Then we have a new d·tente process. This d·tente process anticipates a plenitude of participants. At the same time, Russia is a great and influential country, therefore you will not be surprised if say that we hope Russia will make a major contribution into international d·tente," Buchele said.

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