Contents tagged with Nord Stream

  • German Vice-Chancellor: Construction of Nord Stream 2 was a mistake

    The construction of the Nord Stream 2 gas pipeline was a mistake from a geopolitical point of view, said the Vice-Chancellor of Germany, Federal Minister of Economic Affairs and Climate Action, Robert Habeck, in an interview with the newspaper FAZ.

    When asked whether the transition to renewable energy would lead to dependence on Russian gas and the Nord Stream 2 pipeline, Habeck said: "All European countries, except Germany and Austria, have always been against it. And now the gas pipeline has …

  • German Foreign Minister: Nord Stream 2 cannot be commissioned

    Germany's new foreign minister, Annalena Baerbock, currently sees no reason to commission the controversial Nord Stream 2 gas pipeline. This gas pipeline does not yet comply with the norms of European energy legislation, said Baerbock on the air of the ZDF television channel. In addition, according to her, it seems clear that "in the event of further escalation [of the Russian-Ukrainian conflict] this pipeline can no longer be connected to the gas transit network." This was agreed by the …

  • Poland: U.S. has softened its position on Nord Stream 2

    The White House has repeatedly warned Berlin about the consequences of the commissioning of Nord Stream 2, but its position has softened recently, said Polish Deputy Foreign Minister Pawel Jabłoński in an interview with the Australian Financial Review.

    "The United States opposes in words, but when it comes to concrete actions, they become much less persistent. They just retreat in the hope that we will gain ourselves a few months of calm," Jabłoński said. In his opinion, such an approach is naï …

  • Putin convinces Biden not to impose sanctions against Russian oligarchs and Nord Stream 2

    The United States withdrew all amendments on sanctions against Russia from the draft defense bill for 2022 after negotiations between Joe Biden and Vladimir Putin.

    The two-hour online summit, which the presidents held face to face, even sending interpreters to the other rooms, was the third conversation between Putin and Biden and took place after Russia moved almost all Russian troops stationed west of the Urals to the border with Ukraine.

    Biden "expressed concern" on behalf of the United …

  • European gas prices soar as Germany refuses to certify Nord Stream 2

    The European gas market is facing a threat of a new price shock after Germany refused to certify the Nord Stream-2 pipeline and demanded that the operator re-start the 4-month process and relocate assets and personnel related to the German section of the pipeline to Germany.

    Germany's Federal Network Agency (Bundesnetzagentur) announced it was suspending certification of the Nord Stream 2 gas pipeline.

    The regulator of the German gas market said it believes that the operator of the pipeline, …

  • Der Spiegel: Germany ignored Poland's position on Nord Stream 2

    The German Federal Ministry for Economic Affairs and Energy did not take into account Poland's position in its assessment for the certification of the Russian Nord Stream-2 gas pipeline, Der Spiegel reports.

    At the end of October, the Ministry sent to the German Federal Network Agency (the regulatory office for energy sector) an analysis of the reliability of gas supplies. It said that the issuance of the certificate "does not jeopardize the security of gas supplies to Germany and the European …

  • Ukraine submits application to take part in Nord Stream 2 certification

    The Ukrainian national gas pipelines operator Transmission System Operator of Ukraine (Gas TSO of Ukraine) filed an application for participation in the certification of Nord stream – 2, said the company’s general director Sergiy Makogon, stressing that the Russian gas pipeline threatens Ukraine’s national security.

    The company said in a press release that Nord Stream 2 is not aimed at diversifying gas transportation routes. Moreover, the new pipe threatens the security of the gas supply to …

  • Russia puts forth conditions for increasing gas supplies to EU

    Russian authorities are pushing for new long-term contracts with Gazprom to boost gas supplies and cool the European market, where prices have soared above $1900 per thousand cubic meters and storage reserves are at historic lows.

    Russia already supplies the maximum possible volumes as part of the existing contracts, said Russian presidential spokesman Dmitry Peskov.

    Contractual obligations are fulfilled "impeccably" and "at the top level", he stressed, adding that the supply of additional …

  • Putin: European leadership is responsible for soaring gas prices

    Responsibility for the situation in the European gas market, where prices have soared by 600% since the beginning of the year, and on Wednesday approached $ 2,000 per thousand cubic meters, lies on officials of the European Commission, said Russian President Vladimir Putin.

    "The practice of our European partners once again showed that, in fact, they made mistakes. We spoke with the European Commission of the previous composition. All its activities were aimed at curtailing the so-called long- …

  • European Parliament: Nord Stream 2 must not be certified

    Members of the European Parliament responsible for the development of the current EU gas legislation sent a letter to the German gas market regulator urging it not to certify the Nord Stream-2 gas pipeline.

    According to Bloomberg, MEPs are confident that the project does not meet the key requirement of the third energy package, namely, prohibiting one company to be both the owner of the pipeline and the gas supplier.

    Nord Stream 2 AG, the construction operator and owner of the pipeline laid …