Contents tagged with Nord Stream - 2

  • US Ambassador to Germany warns again of Nord Stream 2 sanctions

    In an interview with the publication Focus, US Ambassador to Germany Richard Grenell alluded to the sanctions that Washington could impose on the German companies involved in the Nord Stream 2 gas pipeline project.

    “From an American perspective, the pipeline will bring more than just gas, but also an increased sanction risk,” he said. He pointed out that the pipeline will make EU countries dependent on Russia.

    The American diplomat has repeatedly said that “the companies that operate in the …

  • Media: laying of Nord Stream 2 pipes in Russian waters has begun

    The Nord Stream 2 gas pipeline construction contractors have begun pipe-laying operations in Russia’s territorial waters, RBC news agency reports with reference to a statement of Nord Stream 2 AG.

    According to the press release, the Solitaire, a ship belonging to the Swiss company Allseas, is responsible for the operations in Russian territorial waters. The ship has as many as 420 active crew members, and it will carry out pipe-laying operations 24/7. The 12 meter pipes, weighing in at 24 tons, …

  • Denmark stopped Nord Stream 2

    Nord Stream 2 AG, the operating company of the Nord Stream 2 gas pipeline project, has been forced to comply with the demands of the Danish regulator and submit an application to lay the pipe within Denmark’s exclusive economic zone in the Baltic Sea.

    This is the third such application that the company has submitted. Originally, Gazprom intended to lay the pipeline along the same route as the first Nord Stream pipe, but when it became clear that Denmark could simply prohibit the laying of this …

  • Germany's direct investments in Russia exceed 3 billion euros

    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 …

  • European Union adopts amendments to EU Gas Directive to control Nord Stream 2

    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 …

  • Gazprom CEO sees no obstacles for Nord Stream-2

    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: Denmark has not refused to authorize pipeline route

    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 refuses to grant permission for construction of Nord Stream 2 in its territory

    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 …

  • US House of Representatives passes bill opposing Nord Stream 2

    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 …

  • Head of Naftogaz: Gazprom cancelling gas transit through Ukraine

    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 …