Contents tagged with Nord Stream - 2

  • CEO of Naftogaz says the EU should block the construction of Nord Stream-2

    The Chief Executive Officer of Ukrainian state energy company Naftogaz, Andriy Kobolyev, stated in an interview with Reuters that the European Union should block the Nord Stream-2 gas pipeline project that will give the Kremlin geopolitical and financial leverage against Germany, Poland and Slovakia.

    “We urge our European partners to make efforts to look not on immediate consequences but to take one step further and look at what will happen later after the launch of Nord Stream-2,” Kobolyev …

  • Gazprom will pay for the construction of Nord Stream 2 itself

    The Russian energy giant, Gazprom, will pay the costs of the construction of the trans-Baltic gas pipeline, Nord Stream 2, after Austrian oil company, OMV, and other European partners abandoned their plans, as reported by Der Standard.

    "Gazprom lost hope for the participation of European partners in the Nord Stream 2 pipeline project, at least for the near future," the newspaper reports. Gazprom planned to implement the Nord Stream 2 project together with European oil companies, Engie, OMV, …

  • European Commissioner for Climate: The Nord Stream-2 gas pipeline project should be stopped

    The European Commissioner for Climate Action and Energy, Miguel Arias Cañete, stated that the Nord Stream-2 gas pipeline project should be stopped, EUobserver reported. According to Cañete, the European Commission failed to prevent the construction of the gas pipeline on legal grounds. Miguel Arias Cañete noted that there is no reason to develop infrastructure for fossil fuels, when the European Union strives to switch to renewable energy after 2050.

    In September, a group of European gas …

  • Sweden prohibited Gazprom from storing pipes for Nord Stream 2 in Swedish ports

    The Head of the Island Council’s Technical Board, Tommy Gardell, stated that the Swedish island of Gotland will not give permission to use Slite harbor for pipe storage during the installation of the Nord Stream 2 gas pipeline, Meduza reported, referencing consultations between the Ministry for Foreign Affairs and the Ministry of Defense of Sweden.

    The Heads of the Ministries informed the representatives of Gotland that keeping pipes in the port could have a negative effect on the country’s …

  • Mogherini: EU considers maintaining Ukraine's status as gas transit country to be important

    The High Representative of the European Union for Foreign Affairs and Security Policy, Federica Mogherini, stated that the European Union still believes that it is strategically important to maintain the role of Ukraine as a transit country for gas, Interfax-Ukraine reported.

    “The EU Council previously noted that it believes it to be strategically important for Ukraine to maintain their status as a transit country for gas,” Mogherini said at a press conference in Brussels, replying to a …

  • German politicians criticized the expansion plan for Nord Stream 2

    A German politician from the Alliance 90/The Greens Party, Reinhard Bütikofer, stated that the Russian Federation funds the export of war through the export of energy resources. According to him, it is unacceptable to express favor to this country and provide support on economic issues at a time when the whole world is outraged by the role of Russia in Aleppo, Frankfurter Allgemeine reported.Frankfurter Allgemeine also quoted the Chairman of Bundestag’s Committee on Foreign Affairs, Norbert Rö …

  • First pipes for Nord Stream 2 have arrived on the island of Rugen

    A permit for the construction of the Nord Stream 2 gas pipeline has not yet been obtained, but the implementation of the project is continuing. On Thursday, October 27, the first pipes for the proposed 1,200-km-long gas pipeline arrived from Russia on the island of Rügen in Germany, DPA agency reported. There they will be stored at a special plant and covered with concrete for future pipe-laying.

    At the end of 2019, Nord Stream 2 will begin operation of the gas pipeline, the cost of which is …

  • Bundestag Deputy: Germany should abandon Nord Stream II

    The Chairman of the Foreign Affairs Committee of the German Bundestag and member of the Christian Democratic Union, Norbert Röttgen, stated in his commentary to RND that Germany should refuse to participate in implementing the construction of the Nord Stream 2 gas pipeline, which Russia wants to lay on the bottom of the Baltic Sea.

    “The Federal Government should give up its stated position that the Nord Stream 2 is not a political project but purely business,” Röttgen said. “Poland, the Baltic …

  • Media: Polish PGNiG blocked Gazprom's funds for Nord Stream 2

    The Polish Petroleum and Gas Mining Company, PGNiG, has blocked the payment of about 200 million dollars in dividends from the EuRoPol Gaz union to the Russian company Gazprom, which will prevent Russia from financing the construction of the Nord Stream 2 pipeline, as reported by Gazeta Polska Codziennie.

    "PGNIG received consent from the Polish government on this action," the newspaper notes. The whole operation began at the General Meeting of EuRoPol Gaz on the 27th of June, 2016. At that …

  • Media: US sanctions could stop construction of Nord Stream 2

    U.S. restrictions disrupt the important Russian-Austrian deal that should be completed before the construction of a new gas transportation system (GTS).

    The Chairman of the Managing Committee of Russian energy company Gazprom, Alexey Miller, assured that the extension of the U.S. sanctions against Russia that were imposed due to the war against Ukraine will not affect the activity of the Russian energy giant. However, there are many of Gazprom’s specialized structural units among the more than …