What construction capital expenditure did Nord Stream AG report for Nord Stream 1?
Nord Stream 1 built two offshore gas pipeline strings through the Baltic Sea between Russia and Germany. Its operator stated that construction capital expenditure remained €7.4 billion, explicitly separate from financing costs.
Published project estimate
€7.4 billion
Approximately $9.81 billion
Cost basis: 2010
The Presidential Press and Information OfficeCC BY 4.0
Cost evidence
Basis of the published figure
Published project estimate2010