Russian energy company Gazprom has completed the construction of the Nord Stream 2 natural gas pipeline project, the company announced on Friday.
According to Gazprom's statement, the cost of the pipeline project, whose construction was completed this morning, has reached around €10 billion.
The pipeline will see the transfer of 55 billion cubic meters of Russian gas annually to Germany via the Baltic Sea.
Gazprom said in a statement on Sept. 6 that the company plans to start pipeline operations before the end of the year.
Among the project partners are Shell, OMV, Engie, Uniper and Wintershall, as well as the project owner Gazprom.
The pipeline has garnered much opposition from Ukraine, as well as Poland and some Baltic countries, saying it threatens the security of central and Eastern Europe, along with the US. However, the US and Germany agreed on June 22 to allow the project completion.
Reporting By E. Gurkan Abay in Moscow
Writing By Murat Temizer