Contents tagged with Nord Stream
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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 …
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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 …
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U.S. Senate approves new sanctions against Nord Stream 2 pipeline
The U.S. Senate has approved the draft National Defense Authorization Act for fiscal year 2021, which includes new sanctions against the Nord Stream-2 pipeline.
The document, which was approved by the House of Representatives earlier this week, received 86 votes in favor and only 14 against.
The $740.5 billion Defense Budget contains a provision for tightening sanctions against the Nord Stream 2 project, which has been under sanctions since December last year, effectively halting its …
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U.S. House of Representatives approves additional sanctions against Nord Stream 2
The U.S. House of Representatives voted in favor of an amendment to impose additional sanctions on participants of the Nord Stream 2 and Turkish Stream gas pipelines. The session was broadcast on Monday, July 20, on the website of the lower house of the American Parliament.
The amendment is for the National Defense Authorization Act (NDAA) for fiscal year 2021 (begins on October 1.). It was approved unanimously.
"Russia is trying to develop the Nord Stream 2 pipeline to exert undue control on …
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Merkel: Nord Stream 2 must be completed
Washington's plans to impose new extraterritorial sanctions on the Nord Stream 2 gas pipeline do not meet Germany's legal framework, stated German Chancellor Angela Merkel, answering questions from Bundestag deputies on Wednesday, July 1. According to Merkel, it would be right to complete this project, although construction is difficult.
"We are acting in this vein," the head of the German government stressed. It also pointed out that Nord Stream 2 was an "economic project with a political …
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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 …