Contents tagged with Allseas
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Kremlin unable to provide Nord Stream 2 launch date
The Press Secretary of the Russian President Dmitry Peskov could not provide the date of the Nord Stream 2 gas pipeline launch because of the US sanctions. Russia previously planned to launch a gas pipeline bypassing Ukrainian territory by the beginning of 2020.
"I don't think anyone is going to say what the the date is now. There were external force majeure circumstances causes by the actions of a third party that are against international law, as well as the norms of international trade and …
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Kremlin promises to respond to Nord Stream 2 sanctions
Russia is analyzing the situation surrounding the construction of the Nord Stream 2 gas pipeline. Due to the threat of US sanctions, the Swiss company Allseas, which was providing its pipe-laying vessels to Gazprom, recently ceased its involvement in the project, halting progress.
Kremlin Spokesperson Dmitry Peskov said on Monday that Russia will not fail to respond to Washington’s new wave of anti-Russian sanctions. “Our position is that such sanctions are unacceptable to us,” said Peskov, …
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Swiss Allseas withdraws pipe-laying vessels from Nord Stream 2 construction zone following US sanctions
The Swiss company Allseas, which has been laying the pipes of Nord Stream 2, has withdrawn its ships from the construction zone in the Baltic Sea. Allseas declined to provide an estimate of how long the construction of Nord Stream 2 would be delayed by. A total of three of Allseas' ships were involved in the laying of the pipeline, including the "Pioneering Spirit" - the world's largest ship for assembling and transporting sea platforms and laying underwater pipelines. On December 21, Gazprom' …
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Nord Stream 2 contractor suspends work on pipeline as US sanctions take effect
Swiss pipeline installation and subsea construction company Allseas, which is working on Nord Stream 2 gas pipeline, suspended the construction activities, reported the press service of the company.
Allseas indicated that such a decision was made "in anticipation of the enactment of the National Defense Authorization Act (NDAA)," which includes sanctions against the operators of the Nord Stream 2 gas pipeline. "Allseas will proceed, consistent with the legislation's wind down provision and …