Contents tagged with Nord Stream - 2
The German-Russian Chamber of Commerce is confident that companies that have knowledge of the Russian market are not afraid of "sanctions and political problems.
On Monday, April 15, the press service of the German-Russian Chamber of Commerce, citing data from the German Federal Bank, announced that Germany’s direct investments in the Russian economy in 2018 amounted to 3.2 billion euros.
They estimate that this is a record amount of investment since the financial crisis in 2008. Large-scale …
The European Union finalized a draft amendment to the European Union Gas Directive, which controls the use of gas pipelines in the territory of the alliance. The European Union plans to introduce all the technical procedures by the end of 2019. The head of the Directorate-General for Energy within the European Commission, Dominique Ristori, has previously stressed that the EU intends to bring the amendments into effect before the start of operation of the Russian Nord Stream-2 gas pipeline so …
The head of Gazprom, Alexey Miller, in the interview with the program Moscow. Kremlin. Putin. stated that there are no obstacles for the construction of Nord Stream-2 and promised to complete the laying of two gas lines by the end of 2019, reports RIA Novosti.
“All those statements that have been made lately do not reflect reality. In general, there are no fatal legal obstacles that would make us think that we can not complete the construction of Nord Stream 2 before the end of 2019,” said …
Nord Stream 2 AG, the company operating the Nord Stream 2 gas pipeline project, has refuted Naftogaz’s claims that Denmark has issued a negative decision on the pipeline route, RIA Novosti reports, citing a company spokesperson.
“The Danish Energy Agency (DEA) has not declined even one of Nord Stream 2’s two applications to receive authorization [for the construction project]. Both of them are still valid,” the Nord Stream representative stated.
According to the spokesperson, the DEA has …
Denmark has refused to grant permission for the construction of the Nord stream-2 gas pipeline in its territory, reported the Ukrainian state-owned oil and gas company Naftogaz on its twitter account.
“Gazprom has received another refusal from Denmark regarding the route of the Nord stream-2, " reads the post of Naftogaz on Twitter.
The Head of Naftogaz, Andriy Kobolyev also confirmed the information.
"Gazprom has received another refusal from Denmark regarding the Nord Stream-2 route. Of …
On 25 March, the US Congress House of Representatives ratified bill H.R. 1616, which calls for the suppression of the Russian energy supply to Europe.
The text of the document is available on the official Congress website.
The short title of the bill is the “European Energy Security and Diversification Act of 2019”. Its primary goal is to assist “European and Eurasian countries to reduce their dependence on energy resources from countries that use energy dependence for undue political …
Gazprom has started the process of officially notifying the countries bordering Ukraine that the transit of gas through the territory of Ukraine will stop from the beginning of next year, Head of Naftogaz Andriy Kobolyev said in an interview with RBC Ukraine.
“Gazprom is already officially notifying the countries that border Ukraine or are dependent on our transit that there will be no transit of gas from the beginning of 2020,” Kobolyev said without citing any sources.
In March, the …
The press secretary of the Russian President, Dmitry Peskov, stated that the Kremlin sees the United States’ hostile attitude towards the Russian project "Nord Stream-2" as attempts of unfair competition, reports RBC news agency.
“We are all aware that we are dealing with attempts of unfair competition, and sometimes with actions that are actually comparable to racketeering and raiding on the international level,” he said.
Peskov added that instead, the White House should think about how to …
Denmark is threatening to make things difficult for the Nord Stream 2 gas pipeline project. Russia has already laid one third of the pipeline alongside this small Scandinavian country, but Denmark has still not given permission for construction. Experts are predicting that Russia will lose its temper, because the delays are causing huge unforeseen costs. Denmark, on the other hand, is struggling to decide who to side with – neighboring Germany or the powerful US.
The political fears …
At a plenary session on Tuesday 12 March, European Parliament passed a resolution that reassesses Russia’s relationship with the EU.
The resolution was adopted with 402 votes to 163 and 89 abstentions, and was based on a report by Latvian MEP Sandra Kalniete.
The document states that Russia can no longer be considered a strategic partner of the EU. The primary reason for this is Moscow’s violation of international law and democratic principles, specifically the occupation and annexation of …