Contents tagged with Nord Stream
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US to impose sanctions on Nord Stream 2 before Christmas
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 …
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US defense budget to include sanctions against Nord Stream 2
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 …
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Ukraine wants to challenge Denmark's permit for Nord Stream 2 construction
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 …
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Russia announces Nord Stream 2 launch time
Russian Deputy Prime Minister Dmitry Kozak said that the Nord Stream 2 gas pipeline will become operational "in the middle of the next year [2020]," 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 …
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Russia’s Gazprom sues EU for loss of Nord Stream 2 capacity
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 …
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Ukraine finds a way to block Nord Stream 2
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 …
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Ukraine offers Estonia to join forces in opposing Nord Stream 2 pipeline
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 …
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Russia offers to share Nord Stream 2 gas transit profit with Europe
At the recent trilateral talks on gas transit through Ukraine, the Russian delegation brought up the topic of authorization for the completion of the Nord Stream 2 gas pipeline, Naftogaz CEO Andriy Kobolyev wrote in a Facebook post.
“This issue was brought up in a bilateral format, where the Ukrainian party was not present. However, as sources from the European Commission told me, there was one interesting point among Gazprom’s arguments: Our project is not only purely commercial, it is …
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US Senate committee backs sanctions on Nord Stream 2
The US Senate Committee on Foreign Relations has approved a bill to impose sanctions on companies involved in the construction of Nord Stream 2, announced Hanna Hopko, head of the Foreign Affairs Committee of Ukraine’s Verkhovna Rada.
“The Senate committee has supported the sanctions against Nord Stream 2 with a score of 20:2 in our favor. I will remind you that these same sanctions will stop the Turkish Stream in the part of it that harms our transit, if it is built,” she wrote on Facebook. …
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Poroshenko: Kyiv offered German companies to manage Ukrainian gas transportation system
Ukraine continues its struggle to halt the construction of the Nord Stream 2 pipeline said President of Ukraine, Petro Poroshenko, at a briefing with Angela Merkel, reports Interfax-Ukraine.
The President of Ukraine noted that the Nord Stream 2 is not a new topic in discussions between the European Union, Germany and Ukraine.
“We firmly declare that we continue our fight to halt the construction of Nord Stream 2 inviting German companies to participate in the management of the Ukrainian gas …