Contents tagged with Nord Stream

  • U.S. assembles coalition against Nord Stream 2

    The United States intends to form a coalition to prevent the completion of the Nord Stream 2 gas pipeline, said the U.S. Secretary of State Michael Pompeo in an interview with Bild.

    "The United States believes that the Nord Stream 2 gas pipeline poses a risk to Europe, as it makes it dependent on gas coming from Russia, as well as threatens Ukraine. We hope that the Nord Stream 2 gas pipeline will not be completed, we are working to create a coalition to prevent this from happening," said the …

  • European Commission President: hope for completing Nord Stream 2 is fading

    The EU's relations with Russia in connection with the construction of the Nord Stream-2 gas pipeline are unlikely to improve in the future. Therefore, the approach to this project should be changed, said the head of the European Commission (EC) Ursula von der Leyen, reports the newspaper Les Echos.

    "Russia's behavior has not improved and even tends to worsen. Our hope for further progress with this pipeline is fading," she explained.

    Therefore, the attitude towards Nord Stream 2, which used …

  • Germany offers U.S. a deal in exchange for lifting sanctions against Nord Stream 2

    The German government offered the United States a billion-dollar deal in exchange for lifting sanctions against the Nord Stream 2 project. Berlin has expressed readiness to invest up to 1 billion euros in the construction of two terminals for American liquefied natural gas, reported Die Zeit, citing sources. "In exchange, the United States will allow the smooth completion and operation of Nord Stream 2," said a letter from German Vice Chancellor and Finance Minister Olaf Scholz sent on August 7 …

  • Denmark calls for new discussion on Nord Stream 2

    Danish Prime Minister Mette Frederiksen has proposed a new discussion on the Nord Stream-2 gas pipeline after the poisoning of Russian opposition leader Alexei Navalny, reported the Danish TV and Radio Corporation DR.

    "I've been against North Stream 2 all along. I believe that we should not become dependent on Russian gas. It would be nice if we could start a new discussion on this issue," Frederiksen said.

    She welcomed the fact that German Chancellor Angela Merkel is now more critical of …

  • Germany considers imposing sanctions against Nord Stream 2 in response to Navalny's poisoning

    German authorities are considering the suspension of the construction of Nord Stream-2 gas pipeline in response to the poisoning of Russian opposition leader Alexei Navalny. The final decision depends on Russia's actions, said the German Foreign Minister Heiko Maas on air of the TV channel ZDF.

    "We will put all options on the agenda and make a decision at the right time," Maas said.

    According to Maas, if Russia takes part in the investigation of the incident, Germany can refrain from such …

  • Poland calls on Germany to stop construction of Nord Stream 2

    On Wednesday, Polish Prime Minister Mateusz Morawiecki called on Germany to halt the construction of the Nord Stream 2 gas pipeline, as Warsaw sees it as a threat to the stability of the region.

    The Nord Stream 2 underwater pipeline, which is expected to deliver gas from Russia to Germany, has been 90 percent completed. It is scheduled to be commissioned next year, but German politicians have said they may withdraw support for the project after the alleged poisoning of the leading Kremlin …

  • Merkel decides to no longer defend Nord Stream 2

    The poisoning of Alexei Navalny, who, according to Germany, was poisoned by a Soviet-era nerve agent Novichok, seems to put an end to the North Stream-2 gas pipeline, which cost 10 billion euros and was stopped by U.S. sanctions.

    German Chancellor Angela Merkel, who for years defended the pipeline from attacks by the United States and Eastern European countries, abandoned her unequivocal position.

    Berlin will not decide on its own the fate of the project, which was half paid for by European …

  • German Uniper admits failure of Nord Stream 2

    Construction of the Nord Stream 2 pipeline, halted by U.S. sanctions, may no longer resume, and investments in the 10-billion-euro project may have to be completely written off, according to the IFRS report for the first half of 2020 by the German concern Uniper - one of the five European partners of Gazprom, which financed half of the cost of the project.

    "Given the new U.S. sanctions, there is an increased risk that construction will be frozen or completely halted," the report said.

    The …

  • Poland: Nord Stream 2 will help Putin to buy more weapons

    During an online conference organized by the American think tank the Atlantic Council, Polish Prime Minister Mateusz Morawiecki said that he believes that the Nord Stream 2 gas pipeline will allow Russia to buy weapons using European money, reports Polskie Radio.

    "We would like such steps [construction of Nord Stream 2] to be taken on the basis of consensus in NATO," the head of the Polish government said. According to him, the North Atlantic Alliance is important for the preservation of peace …

  • Poland fines Gazprom for violating antitrust law

    The Polish Office of Competition and Consumer Protection UOKiK (Urz'd Ochrony Konkurencji i Konsument) has fined Russian gas giant Gazprom 213 million zlotys, which is equivalent to $50 million USD.

    The reason for imposing such a large fine was Gazprom's refusal to provide UOKiK with the data on contracts concluded by its subsidiary Nord Stream 2 with European companies financing the construction of the Nord Stream-2 gas pipeline. In November 2019, the French company Engie was fined 172 …