November 16, 2018 / 3:30 PM / a month ago

Most of Nord Stream 2 project to be paid for by 2019 - OMV CEO

LONDON, Nov 16 (Reuters) - The Nord Stream 2 gas pipeline project connecting Russia to Germany will be 70 percent paid for by next year, the chief executive of Austrian oil and gas company OMV said on Friday.

The project partners will likely make another cash transfer by the end of 2018, OMV CEO Rainer Seele told Reuters in an interview.

Reporting by Ron Bousso and Shadia Nasralla; Editing by Kirsten Donovan

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