Contents tagged with Nord Stream - 2

  • Kremlin calls US actions against Nord Stream-2 'international racketeering'

    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 refuses to authorize Nord Stream 2

    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 …

  • European Parliament: Russia is no longer a strategic partner

    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 …

  • Russia sets conditions for the continuation of gas transit through Ukraine

    Russia has linked the continuation of gas transit through Ukraine to EU countries with Kyiv implementing a number of conditions. Among other things, the signing of a new agreement depends on the stability of the political situation, said Prime Minister Dmitry Medvedev in an interview with Luxemburger Wort newspaper, published on Tuesday, March 5th, on the official page of the Russian government.

    According to Medvedev, it is also necessary to regulate relations between companies interested in …

  • Naftogaz: Ukraine will lose its gas transit role after Nord Stream 2 is launched

    Nord Stream 2 will reduce demand for Ukraine's gas transportation system, said Head of Naftogaz Andriy Kobolyev in an interview with Ukrainian Channel 5.

    “We will lose the entire transit. Because there is still the Turkish Stream, which will probably be built and launched by the end of 2019,” Kobolyev said. According to him, Ukraine will lose the deterrent against the “Russian aggression” after Nord Steam 2 is put in operation. “It is necessary to analyze this pipeline in terms of war risks …

  • Kremlin claims that gas transit through Ukraine is unprofitable

    The Minister of Energy Alexander Novak, in an interview with Gazeta.ru, stated that gas transit through Ukraine to Europe costs Russia 2-2.5 times more than other routes, including Yamal-Europe and Nord Stream-1. 

    “This is primarily since the Ukrainian gas transport system was created about 50 years ago, the minister explained. Back then the technology was still old, with high depreciation of fixed assets, and large losses during gas transport.” 

    According to him, the implementation of new …

  • Merkel: I support Poroshenko, but Nord Stream 2 is also important

    At the Munich Security Conference, Federal Chancellor of Germany Angela Merkel stated that Ukraine should remain a gas transit country even though Germany will not rule out the potential for a direct gas link to Russia, Interfax-Ukraine reports.

    "Ukraine should remain a transit country. Other gas pipelines will also continue to exist... On one hand, I support Poroshenko. On the other hand, the issues related to Nord Stream 2 remain important for me,” the German Chancellor stated.

    Merkel noted …

  • Kyiv: Ukraine satisfied with EU policy changes concerning Nord Stream 2

     The EU’s coordinated amendments to its Gas Directive establish a legal framework for the Nord Stream 2 project to function in accordance with EU standards, but do not reduce the security risks, and could make Russia’s behavior even more aggressive, wrote Olena Zerkal, Ukraine’s Deputy Foreign Minister for European Integration, on Facebook. 

    “First and foremost, EU law will extend to gas pipelines from third countries, including Nord Stream 2. This was and remains the key provision of the …

  • Russia warns of gas supply problems to Europe if Nord Stream 2 is stopped

    The Russian Foreign Ministry warned the EU against hindering the Nord Stream 2 project, stated Deputy Foreign Minister of Russia Alexander Pankin in an interview with RIA Novosti. 

    Pankin stated that if obstacles are created to force Russia to pump gas through Ukraine “on their terms, their tariffs and their legal uncertainties, then this would not work”. He pointed to possible difficulties that European consumers could have if Russia and Ukraine fail to reach an agreement on gas transit and “ …

  • US ambassadors to Europe warn of dangers of Nord Stream 2 pipeline

    American diplomats are urging European countries to revise their Gas Directive and to adopt amendments that would extend the EU’s regulations to companies from third countries, including the Nord Stream 2 project. The US ambassadors to Germany, Denmark and the EU, Richard Grenell, Carla Sands and Gordon Sondland, wrote about this in an opinion article for Deutsche Welle.

    “The EU should revise the Third Energy Package's Gas Directive so that the bloc's laws also apply to projects like Nord …