Contents tagged with Nord Stream
US Congress has found a way to help Russian President Vladimir Putin to reach an agreement with Ukraine on gas transit to Europe.
A few hours after the Normandy Format summit in Paris, where Putin and Ukrainian President Volodymyr Zelensky were unable to agree to withdraw all gas disputes or to sign a new transit contract, the US gave the green light to sanctions against Russia’s Turkish Stream and Nord Stream 2 projects.
The amendment on sanctions against the two gas pipelines, which Russia …
The operator company of the Nord Stream 2 gas pipeline announced that there have been delays in the construction of the pipeline. On Monday, December 9, the company admitted that it will not be able to finish building the energy facility in the previously announced shorter time frame, DW reports.
“We had planned to complete the project in the next few months in accordance with all legal and technical standards,” the company said.
However, due to weather conditions, the company could not name …
During the meeting with top German managers in Sochi on December 6, Russian President Vladimir Putin said that the launch of a new gas pipeline does not mean that Russia will stop gas transit through Ukraine.
Representatives of the German business insisted on maintaining the transit of Russian gas through Ukraine. "Time is running out. It is important to maintain gas transit through Ukraine because this will ensure long-term and reliable supplies of Russian gas to Europe. Considering the …
The US is preparing a “sanctions trick” against the Russian Nord Stream 2 gas pipeline, the German newspaper Bild reported on Saturday, citing sources and a speech given by James Risch, Chairman of the US Senate Committee on Foreign Relations, at a security conference in Halifax.
The opponents of the pipeline’s construction plan to get sanctions imposed “in a roundabout way” on the European companies involved in the realization of the project.
Essentially, the sanctions against Gazprom’s …
The US defense budget for 2020 will include a provision on sanctions against companies involved in the construction of the Nord Stream 2 pipeline, Republican Senator James Risch, Chairman of the US Senate Foreign Relations Committee, told Defense News on October 23.
The text of the sanctions has not yet been publicized, but the senator said that it is similar to the “Protecting Europe’s Energy Security Act”, which was sponsored by Senator Ted Cruz.
The bill will impose sanctions on the …
Ukrainian Energy Minister Oleksiy Orzhel said that the Ukrainian authorities might appeal against Denmark's permit for the construction of the Nord Stream 2 gas pipeline.
"We are now considering possibility of appeal from the environmental point of view," said Orzhel in an interview for Channel 24.
At the same time, the Ukrainian Minister recognized that considering Russia's expenses, Nord Stream 2 project will be implemented anyway.
"But I don't think that Nord Stream 2 will be fully …
Russian Deputy Prime Minister Dmitry Kozak said that the Nord Stream 2 gas pipeline will become operational "in the middle of the next year ," without specifying the exact month, reports TASS.
Earlier, Russian Energy Minister Alexander Novak reported that gas supplies through the Nord Stream 2 pipeline could begin before the end of 2019. "Depending on the schedule of this project, we will decide when the construction of the pipeline can be continued," said Novak.
On November 13, the …
Nord Stream 2 AG, the Swiss subsidiary of the Russian company Gazprom, has taken the EU government to court regarding the gas legislation amendments that prohibit the Russian company from using more than 50% of the capacity of the Nord Stream 2 gas pipeline.
As reported by Interfax, Gazprom informed potential investors about the start of the litigation through a memorandum on the placement of Swiss franc-denominated eurobonds that is scheduled to take place in mid November.
Gazprom believes …
Kyiv has threatened to dispute the amendments made by members of Germany’s ruling coalition to the EU’s new gas directive which, once adopted, will allow the Nord Stream 2 gas pipeline to bypass the restrictions. Ukraine’s trade representative, Deputy Minister of Economic Development, Trade and Agriculture Taras Kachka, warned about this yesterday.
According to him, such an initiative will lead to lengthy legal procedures, which will block the operation of the Russian pipeline, Interfax …
Ukrainian Prime Minister Oleksiy Honcharuk offered the Estonian Foreign Minister Urmas Reinsalu to intensify opposition to the development of the Nord Stream 2 gas pipeline in a coordinated manner, reports the press service of the Ukrainian Cabinet of Ministers.
Honcharuk said that "it is critical that the EU member states would explain to their citizens the negative effects of the Nord Stream 2 construction project on European energy security." In response, Reinsalu noted the importance of …