Contents tagged with Nord Stream
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Biden intends to put an end to Russia's Nord Stream 2 pipeline
U.S. President-elect Joe Biden wants to stop the Russian Nord Stream-2 project, writes the German newspaper Bild.
"In the next few months, Joe Biden will tighten the reins again to stop the Kremlin's prestigious project," Bild writes.
The publication reminds that the U.S. Senate has already agreed on the most severe sanctions against active supporters of the project. The sanctions will be put in place in January by the winner of the presidential race.
According to Bild, European gas experts …
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U.S. expands sanctions against Nord Stream 2
The U.S. Department of State has expanded sanctions against the Nord Stream 2 pipeline, which is intended to transport Russian gas to Germany.
Sanctions imposed late last year halted construction of the $10.5 billion pipeline. The sanctions affected the pipe-laying vessels for Nord Stream-2. To date, about 160 kilometers of pipeline on the bottom of the Baltic Sea remain to be laid to complete the project.
The updated Protecting Europe’s Energy Security Act (PEESA) expands these restrictive …
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Gazprom accuses the U.S. of trying to oust Russia from EU gas market
Threats of sanctions from Washington against the Nord Stream 2 project are nothing more than attempts to oust Russia out of the European gas market usig non-market instruments, stated the head of Gazprom Export (Gazprom's subsidiary) Elena Burmistrova, speaking at the Flame online conference.
"Unfortunately, there is an additional threat that is increasingly affecting our cooperation - a political confrontation in general and, in particular, the threat of U.S. sanctions against Nord Stream 2," …
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Poland fines Gazprom $7.6 billion for Nord Stream 2
Poland's Office of Competition and Consumer Protection (UOKiK) imposed maximum fines of $7.6 billion and $61 million respectively on Gazprom and five other companies for the construction of the Nord Stream 2 gas pipeline without its consent, reported the Polish antitrust regulator on Twitter.
The regulator also ordered the termination of contracts for financing the construction.
"Gazprom can appeal this decision in two instances of the administrative courts of Poland, then in the Supreme …