Contents tagged with Nord Stream

  • U.S. preparing new sanctions against Nord Stream 2

    The U.S. is preparing a new round of sanctions against the Nord Stream 2 project, Richard Grenell, the former U.S. ambassador to Germany and now acting director of U.S. national intelligence, told Handelsblatt.

    Grenell said that he met last week with senators and members of the lower house of Congress, who support additional bipartisan measures.

    "The tightening of sanctions is welcomed by both parties," Grenell said, adding that "the bill can be passed quickly despite the presidential …

  • Russian Foreign Minister warns of increase in gas prices for Europe because of problems with Nord Stream 2

    Problems around Nord Stream 2 could lead to the increase in oil prices for the EU, said Russian Foreign Minister Sergey Lavrov. At the same time, he is convinced that the project will still be completed.

    Earlier, Germany rejected the application of Nord Stream 2 AG, the operator of Nord Stream 2 pipeline, which asked to exempt the project from the requirements of the EU gas directive. This means that Nord Stream 2 may not be running at full capacity. Nord Stream 2 AG is appealing the decision. …

  • Russian pipe-laying vessel arrives in Germany to complete Nord Stream 2

    The Russian pipe-laying vessel Akademik Cherskiy arrived in Germany to complete the Nord Stream 2 gas pipeline.

    According to DW, on the evening of May 8, the ship entered the German port of Mukran, where the Nord Stream terminal is located.

    Previously, the Swiss company Allseas was laying pipes for North Stream - 2. On December 21, 2019, Allseas halted work because of the threat of U.S. sanctions, leaving only 160 kilometers unfinished.

    Russia plans to complete the Nord Stream using the ship …

  • Russian media: German government promises to support companies engaged in Nord Stream 2

    The German government intends to provide political support to businesses working on the Nord Stream 2 gas pipeline, reports the Russian newspaper Kommersant.

    "The Federal Government does not know how the project will be implemented from a technical point of view but assumes that the Nord Stream 2 will be completed. The Government will continue to provide political support to the companies involved in this project," said the German Government, as quoted by the Russian news agency Prime.

    The …

  • Germany deals final blow to Nord Stream 2

    The 10-billion-euro project Nord Stream-2, which was blocked by U.S. sanctions, received a new and apparently final blow from the German authorities, who deprived the gas pipeline of the last hope for profitability.

    According to Handelsblatt, on Friday the German Federal Network Agency decided to deny Nord Stream 2 AG an exemption from the requirements of the updated EU Gas Directive.

    The German energy market regulator has ruled that Nord Stream 2 must comply with European competition …

  • Russian pipe laying vessel capable of finishing Nord Stream 2 changes it course again

    The pipe laying vessel Akademik Cherskiy, owned by Gazprom's subsidiary (Gazprom Fleet LLC), changed its course again and is heading to the port of Nakhodka. Now the pipe-layer is passing the English Channel, according to data from the ship tracking websites Myshiptracking and Vesselfinder. The estimated time of the vessel's arrival at the port is July 1.

    The vessel Akademik Cherskiy, which, according to Russian Energy Minister Alexander Novak, can complete the construction of the Nord Stream 2 …

  • Kyiv: Ukraine is preparing to stop gas transit from Russia

    Ukraine is preparing to stop gas transit from Russia and the program of optimization of the country's gas transportation system is part of this strategy, stated the head of the Ukrainian national company "Operator of the Gas Transport System of Ukraine" Serhiy Makogon in an interview with the news outlet.

    According to Makogon, Kyiv will continue to oppose the construction of the Nord Stream-2 gas pipeline and counts on assistance from the U.S. and EU countries, as the project "carries …

  • Germany allows Poland to decide the fate of Nord Stream 2 pipeline

    German regulatory office for electricity, gas, telecommunications, post and railway market, Bundesnetzagentur has allowed Poland to participate in the consideration of the application to exclude Nord Stream 2 from the rules of the new EU Gas Directive. This issue is key for the future of the project, as European regulations can severely restrict gas supplies through the Nord Stream 2 gas pipeline.

    Last year, the European Commission approved new changes to the EU Gas Directive. Now the Third …

  • Kyiv is looking for ways to ‘bury’ Nord Stream-2 pipeline

    Ukraine is in talks with the United States aimed at preventing Russia from finishing the Nord Stream-2 gas pipeline, said the head of the Ukrainian national oil company, Naftogaz, Andriy Kobolyev.

    He believes that "the game is not over yet." "The Russians will try to create their own technical capabilities to complete the pipeline ... We are now discussing how to be sure that this project is buried completely," the top manager said, as quoted by RIA Novosti.

    At the same time, Kobolyev made it …

  • Washington: Russia will not be able to complete Nord Stream 2

    Russia will not be able to complete the Nord Stream 2 pipeline on its own because it lacks the necessary technology. There will be a "long delay" in construction due to US sanctions, despite the assurances of Russian President Vladimir Putin that the gas pipeline will be completed in a few months, said the U.S. Secretary of Energy Dan Brouillette at the Munich Security Conference on Saturday, February 15.

    "They can't," Brouillette said when asked.

    The U.S. Energy Secretary also denied reports …