Contents tagged with Nord Stream
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Gas prices in Europe tumble as Russia’s Gazprom promises to launch Nord Stream 2 this year
The European gas prices, which have soared by 200% since the beginning of the year, have tumbled.
Gas futures on the ICE exchange fell by almost 10% after the Russian gas giant Gazprom announced the launch of Nord Stream-2 this year.
September contracts pegged to spot quotes of the EU's largest gas hub TTF in the Netherlands are trading at around $504.8 per thousand cubic meters, although at the beginning of the week they were at more than $ 570.
At the moment, the quotes fell below of $500, …
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Poland: Nord Stream 2 will help Russia to further arm itself
Polish Prime Minister Mateusz Morawiecki said he disagreed with the position of the United States and Germany on the issue of the Nord Stream-2 gas pipeline.
The head of the Polish government noted that Poland's allies, including Germany and the United States, "selfishly approached the issue of building this gas pipeline." Morawiecki stressed that earlier Poland insisted that the implementation of this project "helps to arm Russia."
"Russia is a state that is very heavily armed, has many …
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Kremlin: Putin praised Merkel for consistently pursuing completion of Nord Stream 2
The Kremlin press service said that Russian President Vladimir Putin and German Chancellor Angela Merkel are satisfied with the construction of the Nord Stream-2 gas pipeline.
In turn, Merkel’s press service said that the Chancellor spoke to Putin over the phone about the construction of Nord stream-2 and the transit of gas through Ukraine.
Angela Merkel told Putin that the situation around Nord Stream 2 was discussed during the talks with the U.S. President Joe Biden.
At the same time, the …
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Ukraine and Poland vow to jointly fight against Nord Stream 2
Ukraine and Poland will work together with their allies and partners to counter the launch of Nord Stream 2 until solutions are developed to overcome the security crisis, support countries in their aspirations to become members of Western democratic institutions and minimize threats to peace and energy security, reads a joint statement by the Ukrainian Foreign Minister Dmytro Kuleba and Polish Foreign Minister Zbigniew Rau, published on the website of the Ukrainian Foreign Ministry.
The …
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Merkel and Biden talks on Nord Stream 2 produce no results
Negotiations between the United States and Germany on a possible deal on the Nord Stream 2 project remain hanging in the air. The dialogue that started in the spring at the level of advisers reached the heads of states, but even then, the progress could not be achieved.
Angela Merkel's recent visit to Washington for talks with U.S. President Joe Biden did not bring a breakthrough, Reuters reported.
Merkel stated that there are disagreements on the essence and future of the project.
"We have …
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U.S. promises to continue imposing sanctions against Nord Stream 2
The U.S. administration intends to continue imposing sanctions against Nord Stream 2. Such actions should demonstrate that the United States continues to oppose this project, said the U.S. Department of State spokesman, Ned Price.
"We will continue to impose restrictive measures against individuals and companies whose activities are subject to such sanctions. In this way we will demonstrate that we oppose this gas pipeline," he said at the briefing.
At the same time, according to Price, the U. …
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Russia promises to complete Nord Stream 2 this year
Russian Deputy Prime Minister Alexander Novak said that the Nord Stream 2 pipeline will be fully completed by the end of 2021, TASS reports.
According to Novak, the construction is proceeding according to schedule, and if there are no new obstacles, the pipeline can be put into operation by the end of 2021.
Novak's words were indirectly confirmed by the CEO of the Austrian energy company, OMV Group, Reiner Seele. Speaking at St. Petersburg International Economic Forum, he said that only 50 km …
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Putin announces completion of first phase of North Stream-2
The first phase of the Nord Stream-2 pipeline has been completed, announced Russian President Vladimir Putin during a speech at St. Petersburg International Economic Forum.
"I am pleased to report that today, two and a half hours ago, the laying of the pipes of the first line of the Nord Stream-2 gas pipeline was successfully completed . Work on the second line continues. The construction in its entirety, including the maritime section, is finished," Putin said.
Earlier, the Russian Energy …
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Kremlin: U.S. will try to block certification of Nord Stream 2 pipeline
Russia believes that the U.S. has abandoned the sanctions against the participants of North Stream-2 pipeline, but intend to try to block its certification, said Russia's Permanent Representative to the EU Vladimir Chizhov, RIA Novosti reports.
"The U.S. position is that the construction cannot be stopped. But after the construction comes the certification period. Here they can put some more sticks in our wheels," Chizhov said.
At the same time, Chizhov assured. that the Russian authorities …
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German Green party leader demands that Nord Stream 2 be stopped
Annalena Baerbock, co-leader of Alliance 90/The Greens, who was nominated by the party for the German Chancellor, argues that Russia should be treated with toughness and dialogue, and considers it necessary to stop the Nord Stream 2 project.
"I think the right course of dialogue and toughness towards Russia is right," Baerbock, known for her critical statements against Moscow, said in an interview with Bild newspaper published on Monday. Asked by a journalist if she considered Russian …