Contents tagged with Nord Stream - 2

  • Merkel: Ukraine must remain a gas transit country

    German Chancellor Angela Merkel and Russian President Vladimir Putin issued a joint press statement saying that they discussed the transit of gas to the European Union through Ukraine in the Meseberg meeting, Interfax reported on Saturday, August 18.

    "In the context of Ukraine, we also talked about the transit of gas. I believe that even after the launch of the Nord Stream-2, Ukraine must continue to play its role in gas transit to Europe." I am very pleased that we managed to begin the …

  • Putin’s invitation to foreign minister’s wedding draws criticism in Austria

    Austria has criticized the fact that Russian President Vladimir Putin was invited to the wedding of Austrian Foreign Minister Karin Kneissl. The Russian president’s visit “damages” Austria, Austrian political scientist Gerhard Mangott told the German Press Agency in an interview.

    Mangott believes that the upcoming visit will cause people to suspect that Austria is “Russia’s Trojan horse in the EU”. The political scientist also says that Putin is being given an opportunity to demonstrate that …

  • Merkel to discuss Ukraine and Nord Stream 2 with Putin in Germany

    German Chancellor Angela Merkel will meet with Russian President Vladimir Putin at the Schloss Meseberg on August 18, the federal government announced. Merkel will discuss “current foreign policy issues” with Putin, including the Syrian conflict, the situation in eastern Ukraine, and issues in the energy sector, particularly the Nord Stream 2 gas pipeline, which will transport gas directly from Russia to Germany.

    “Next Saturday, on August 18, the chancellor and government representatives will …

  • First Nord Stream 2 pipes laid in Germany

    The first pipes have been laid as part of the Nord Stream 2 gas pipeline project near the German coast of the  Baltic Sea, reported the German company Uniper, one of the European partners of Gazprom. The project was started in late July, said Uniper’s financial director Christopher Delbruck in a presentation the company’s website.

    The Nord Stream 2 pipeline will pass along the bottom of the Baltic Sea, for more than 1,200 kilometers and with a capacity of 55 billion cubic meters. The cost of …

  • Ukraine's Naftogaz: Nord Stream 2 can still be stopped

    The construction of the Nord Stream 2 gas pipeline, which would be used to transit Russian gas to Europe in circumvention of Ukraine, can still be stopped, Naftogaz commercial director Yuriy Vitrenko told Deutsche Welle.

    According to him, the position of Denmark, whose government has not yet given authorization for the pipeline to be laid through its territorial waters and exclusive economic zone, could be a serious obstacle for Gazprom. According to the existing plan, Nord Stream 2 is …

  • US threatens sanctions for participation in Nord Stream 2 pipeline

    European companies participating in the “Nord Stream 2” pipeline will incur the serious risk of sanctions from the US stated Frank Fannon, US Assistant Secretary of State and Energy Resources, according to Voice of America.

    “Companies that operate in the Russian energy pipeline sector are engaging in business activity that carries with it a significant risk of sanctions, this applies to Nord Stream 2 and TurkStream,” said Fannon.

    He also expressed the opinion of the US government about the …

  • Putin promises 'commensurate reaction' to NATO expansion

    Russian President Vladimir Putin promised a “commensurate reaction” for the deployment of NATO bases near Russian borders.

    Speaking at a meeting of Russian ambassadors and permanent representatives in Moscow on Thursday, the President called such actions “aggressive steps”.

    In his opinion, the guarantee of security in Europe is based on constructive cooperation in the European space.

    Putin also urged Western countries to exert influence on Kyiv in the implementation of the Minsk agreements. …

  • Bill on sanctions against Nord Stream 2 pipeline introduced in the US Congress

    John Barrasso, Senator from Wyoming and a member of the Republican Party of the USA introduced a new bill to Congress providing sanctions against the Nord Stream 2 pipeline, as reported on Barrasso’s website.

    According to the Senator, sanctions against the pipeline would allow NATO countries to avoid political manipulation and coercion by Russia. “Countries like Germany should be reducing the amount of natural gas that they buy from Russia, not increasing it. But that’s what this Nord Stream 2 …

  • Russia agrees to transit gas through Ukraine in exchange for release of seized Gazprom assets

    Russia is prepared to renounce its long-standing gas dispute with Ukraine and resume gas transit to the EU on the 2014 level if all of Ukraine’s financial claims against Gazprom are withdrawn, said announced Russian Energy Minister Alexander Novak at the end of the trilateral gas negotiations in Berlin involving representatives from Kyiv and the EU.

    Russia mentioned the possibility of renewing gas transit with the previous volumes one day after the Putin-Trump talks in Helsinki, where the US …

  • Naftogaz offers to make gas transit through Ukraine cheaper than Nord Stream 2

    On July 13, Naftogaz Ukraine sent a proposal to the relevant national commission proposing changes to the method for calculating natural gas transit tariffs which has been in place since 2015, reported the company’s press service.

    The price envisaged by the new proposal is $2.17 to transit 1000 cubic meters 100 km (with VAT and the fuel component). This is 20% less than the transit rate in the existing contract with Gazprom, and also 2.3 times smaller than the average cost of transit according …