Contents tagged with Nord Stream

  • Due to Navalny’s arrest EU wants to stop construction of Nord Stream-2

    The European Union wants to immediately stop the construction of the Nord Stream-2 gas pipeline due to the detention in Russia of opposition activist Alexei Navalny, reported the German newspaper Der Spiegel.

    It is noted that journalists already have a draft resolution of the European Parliament. The resolution also proposes to impose additional sanctions on Russia.

    According to media reports, the European Union will impose new sanctions against legal entities and individuals who were …

  • U.S. to sanction Nord Stream 2 pipe laying vessel

    The U.S. continues to increase pressure on the Nord Stream 2 project, which has already been left without key European participants fearing U.S. sanctions.

    Following the expansion of restrictions on insurance, engineering and certification companies, the U.S. authorities are preparing a new sanctions package that will hit the only pipelaying vessel available to Gazprom - the Fortuna barge, Handelsblatt reports, citing its sources.

    According to Handelsblatt, sanctions will be imposed on …

  • Russia’s Gazprom postpones construction of Nord Stream-2 pipeline

    Construction of the last section of the Nord Stream-2 gas pipeline in Danish territorial waters has been postponed.

    Switzerland's Nord Stream 2 AG, Gazprom's 100 percent subsidiary, has no plans to start work on January 15, the day when Denmark’s permit for the beginning of the construction takes effect, Handelsblatt reported.

    The reason for the delay is the necessity to "check the equipment," the company spokesman said, adding that the exact date when the construction could begin can not be …

  • Another European company withdraws from Nord Stream 2 project

    European companies continue to flee the Nord Stream 2 project under the threat of US sanctions.

    After the U.S. State Department began sending out warnings demanding leaving the construction, "until it was too late", the Danish engineering corporation Ramboll decided to abandon cooperation with Russian gas giant Gazprom.

    According to Politiken, the company with a 70-year history, the largest in Denmark in the engineering and architecture sector, decided to stop participating in the …

  • Media: Biden will be tougher opponent of Nord Stream 2 than Trump

    After his inauguration, President-elect Joe Biden will take a tougher position toward the Nord Stream 2 pipeline, reports the Swedish newspaper Svenska Dagensbladet.

    As evidence, journalists cite the fact that during the time when Biden was vice president of the United States, he already opposed the construction of the pipeline. In addition, the United States plans to introduce new expanded sanctions against Nord Stream-2 in the near future. Such sanctions can make it impossible, or at least …

  • Another Nord Stream 2 partner walks away from the project due to sanctions concerns

    The Norwegian company Det Norske Veritas (DNV) GL, an international accredited registrar and classification society, will not be able to provide a certificate of compliance for the Nord Stream-2 gas pipeline, which is built by Gazprom's subsidiary Nord Stream 2 AG, reports the Russian news agency RBC citing DNV’s press service.

    "DNV GL will stop all compliance verification activities of the Nord Stream 2 pipeline as long as the sanctions remain in force. We are implementing a plan to curtail …

  • EU condemns expansion of U.S. sanctions against Nord Stream 2

    The European Council condemns the possible expansion of U.S. sanctions against the Nord Stream-2 gas pipeline, stated European Council’s spokesperson for Foreign Affairs and Security Policy Peter Stano, RIA Novosti reports.

    The European Union strongly opposes third-country sanctions against European companies doing legitimate business. "The extraterritorial sanctions run counter to the international law. European policy is defined in Europe, not in third countries," Stano said.

    He noted that …

  • Media: Germany prepares to circumvent U.S. sanctions against Nord Stream 2

    Authorities in the German federal state Mecklenburg-Vorpommern are working to establish a climate protection foundation in order to circumvent U.S. sanctions against the Nord Stream 2 pipeline, reported Bild, citing sources. Bild's article is entitled "How Schwesig wants to outsmart the U.S. " (Manuela Schwesig heads the government of this German region).

    According to Bild, soon after its opening, the Foundation for Climate Protection will recognize Nord Stream 2 as "the most important element …

  • U.S. prepares sanctions against specific companies involved in Nord Stream 2

    U.S. authorities have identified companies that will be sanctioned due to their involvement in the Nord Stream project, dpa news agency reported, citing a senior U.S. official.

    It is noted that not only companies but also individuals can be sanctioned if they do not stop their operations related to the pipeline.

    "We’re in the process of calling a number of these companies to make them aware that they’re likely engaged in sanctionable activity," the official said.

    At the same time, he did not …

  • German lobbyists ask Washington not to pursue sanctions against Nord Stream 2

    The Committee on Eastern European Economic Relations, an organization that lobbies for the interests German companies operating in Russia and Eastern Europe, appealed to prominent representatives of the U.S. Democratic Party with a request to abandon new, extraterritorial sanctions against the Nord Stream 2 gas pipeline. The letter is addressed to the Speaker of the U.S. House of Representatives Nancy Pelosi and other well-known Democratic politicians, reports the newspaper Handelsblatt. As the …