Contents tagged with Nord Stream
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U.S. Congress introduces draft bill with new sanctions against Nord Stream 2
Members of the U.S. House of Representatives have introduced a bill on additional sanctions against the Nord Stream 2 pipeline. The document entitled "Protecting Europe's Energy Security Clarification Act of 2020" accompanies a similar bill prepared in early June in the U.S. Senate.
Nine congressmen, six Republicans and three Democrats - have drafted and supported the new project. The introduction of a parallel bill usually means that senators and members of the House of Representatives who …
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EU prepares response to US sanctions against Nord Stream 2
The European Commission is preparing a response to Washington's sanctions against the Nord Stream 2 gas pipeline, as stated in the written response of the EU High Representative for Foreign Affairs and Security Policy Josep Borrell to the request of the MEP Emmanuel Morel. At the same time, European Commission spokesman Eric Mamer did not provide details on Friday, June 26, what exactly the EU's response would be, DW reports.
In late 2019, U.S. President Donald Trump imposed sanctions on …
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Gazprom takes Germany to court over Nord Stream 2 decision
Nord Stream 2 AG has appealed to the Supreme Regional Court of Dusseldorf against the decision of the German Federal Network Agency, which refused to exempt the Nord Stream-2 gas pipeline from the EU Third Energy Package.
The Swiss company, 100% owned by Russian gas giant Gazprom, considers the decision of the German regulator "discriminatory" and contrary to the "constitutional guarantees of the Basic Law" of the country, reports Interfax, citing a statement of Nord Stream 2 AG.
The German …
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Media: Berlin fears US sanctions against Nord Stream-2
German authorities fear the impact of U.S. sanctions against Nord Stream-2, if imposed, on the country's civil services and German companies, writes Frankfurter Allgemeine Zeitung with reference to the document of the German Federal Ministry for Economic Affairs and Energy.
According to the document, new U.S. sanctions can be imposed on "all companies" that provide insurance services, upgrade the pipeline network or, for example, upgrade the pipe-laying vessels. "The same applies to those …
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Kremlin vows to continue construction of Nord Stream 2 despite sanctions
The new sanctions which the U.S. is planning to impose against Nord Stream-2 will not disrupt its construction, stated Russian President’s spokesperson Dmitry Peskov, TASS reports.
According to him, Moscow has not changed its plans for this gas pipeline and Russian authorities view any sanctions “extremely negatively".
"We believe that such attempts are nothing but an act of unfair competition and are contrary to international law," he said.
The U.S. Ambassador to Germany Richard Grenell …
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U.S. preparing new sanctions against Nord Stream 2
The U.S. is preparing a new round of sanctions against the Nord Stream 2 project, Richard Grenell, the former U.S. ambassador to Germany and now acting director of U.S. national intelligence, told Handelsblatt.
Grenell said that he met last week with senators and members of the lower house of Congress, who support additional bipartisan measures.
"The tightening of sanctions is welcomed by both parties," Grenell said, adding that "the bill can be passed quickly despite the presidential …
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Russian Foreign Minister warns of increase in gas prices for Europe because of problems with Nord Stream 2
Problems around Nord Stream 2 could lead to the increase in oil prices for the EU, said Russian Foreign Minister Sergey Lavrov. At the same time, he is convinced that the project will still be completed.
Earlier, Germany rejected the application of Nord Stream 2 AG, the operator of Nord Stream 2 pipeline, which asked to exempt the project from the requirements of the EU gas directive. This means that Nord Stream 2 may not be running at full capacity. Nord Stream 2 AG is appealing the decision. …
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Russian pipe-laying vessel arrives in Germany to complete Nord Stream 2
The Russian pipe-laying vessel Akademik Cherskiy arrived in Germany to complete the Nord Stream 2 gas pipeline.
According to DW, on the evening of May 8, the ship entered the German port of Mukran, where the Nord Stream terminal is located.
Previously, the Swiss company Allseas was laying pipes for North Stream - 2. On December 21, 2019, Allseas halted work because of the threat of U.S. sanctions, leaving only 160 kilometers unfinished.
Russia plans to complete the Nord Stream using the ship …
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Russian media: German government promises to support companies engaged in Nord Stream 2
The German government intends to provide political support to businesses working on the Nord Stream 2 gas pipeline, reports the Russian newspaper Kommersant.
"The Federal Government does not know how the project will be implemented from a technical point of view but assumes that the Nord Stream 2 will be completed. The Government will continue to provide political support to the companies involved in this project," said the German Government, as quoted by the Russian news agency Prime.
The …
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Germany deals final blow to Nord Stream 2
The 10-billion-euro project Nord Stream-2, which was blocked by U.S. sanctions, received a new and apparently final blow from the German authorities, who deprived the gas pipeline of the last hope for profitability.
According to Handelsblatt, on Friday the German Federal Network Agency decided to deny Nord Stream 2 AG an exemption from the requirements of the updated EU Gas Directive.
The German energy market regulator has ruled that Nord Stream 2 must comply with European competition …