Contents tagged with Nord Stream - 2

  • Gazprom: two thirds of Nord Stream 2 pipeline has been completed

    Russian gas giant Gazprom stated that 73.6% of the Nord Stream 2 gas pipeline has been build, reports TASS news agency. At the end of June, the company stated that 60% of the pipeline was built.

    "The construction of the Nord Stream 2 gas pipeline continues. To date, 1805.6 km of the gas pipeline has been laid on the bottom of the Baltic Sea, accounting for 73.6% of its total length," the report said. 

    Earlier, media reported that the launch of Nord Stream 2 could be postponed for eight months …

  • Israel, Cyprus and Greece to collaborate on natural gas pipeline to EU

    Israel, Cyprus and Greece are determined to transport natural gas from the eastern part of the Mediterranean Sea to Europe. After a trilateral meeting in Athens on August 7, Greek Energy Minister Kostis Hatzidakis confirmed that the three countries will be collaborating closely.

    “We hope that we will soon be able to sign the relevant agreement,” said Israeli Energy Minister Yuval Steinitz. He emphasized the importance of the project for Europe.

    Several years ago, large natural gas reserves …

  • Head of OMV: Nord Stream 2 launch depends on Denmark

    The first gas to be transported through the Nord Stream 2 pipeline should arrive at midnight on 31 December 2019, said Rainer Seele, CEO of the Austrian company OMV in a press conference, a video of which was published by the company on Twitter.

    “We expect that the first gas will come through this pipeline by the end of the year – before midnight on 31 December. And we have not given up on this plan. But one thing is also clear: the commissioning of this pipeline depends very highly on when …

  • OSCE passes resolution against Nord Stream 2

    The Political Affairs and Security Committee of the Organization for Security and Cooperation in Europe (OSCE) has voted in favor of a draft resolution on regional energy security directed against Russia’s Nord Stream 2 gas pipeline project, Deutsche Welle reports.

    Thanks to the US delegation’s efforts in the OSCE’s Parliamentary Assembly, the resolution mentions Russia’s Nord Stream 2 and Turkish Stream gas pipelines. US congressman Lee Zeldin said that Nord Stream 2 will increase Europe’s …

  • Ukrainian President Zelensky: only Trump can stop Nord Stream 2 pipeline

    During his visit to Lviv, Ukrainian President Volodymyr Zelensky expressed hope that the issue of the construction of the Nord stream 2 gas pipeline will be resolved in favor of Ukraine after his meeting with US President Donald Trump, reports Ukrinform.

    "The question about the construction of Nord stream 2 was answered a long time ago. So, there is no need to speculate on this topic, same as people are speculating about Russia's return to the Parliamentary Assembly of the Council of Europe. …

  • US Congress releases bill on Nord Stream 2 sanctions

    The US Congress released a bill on the sanctions against individuals and legal entities involved in the construction of the Nord Stream 2 gas pipeline.

     It proposes to impose sanctions against companies that use their vessels to lay pipeline at a depth of 100 feet below sea level. Sanctions may also apply to the vessel insurers.

     According to the bill, the president of the United States may impose five or more types of sanctions against the targeted parties.

    The bill stipulates, among other …

  • US prepares to impose sanctions on Nord Stream 2 construction companies

    Washington is preparing to impose sanctions on the Nord Stream 2 gas pipeline project.

    According to the relevant bill, which was published on the US Senate website, sanctions will be imposed on a number of foreign construction companies that are involved in laying the pipeline on the bottom of the Baltic Sea.

    The “Protecting Europe’s Energy Security Act of 2019” was authored by republican senators Ted Cruz, John Barrasso, Tom Cotton and democrat senator Jeanne Shaheen.

    The senators stipulate …

  • US Energy Secretary promises sanctions on Nord Stream 2

    On Tuesday, May 21, during a visit to Ukraine, US Secretary of Energy Rick Perry assured Kyiv that US authorities intend to prevent the construction of the Nord Stream 2 gas pipeline by imposing sanctions.  

    According to Perry, the law imposing penalties on companies participating in the project will be adopted “in the near future”. The secretary noted that, in the USA, many oppose building the gas pipeline from Russia to Germany and stressed that the sanctions bill would pass in Congress and  …

  • US Ambassador to Germany warns again of Nord Stream 2 sanctions

    In an interview with the publication Focus, US Ambassador to Germany Richard Grenell alluded to the sanctions that Washington could impose on the German companies involved in the Nord Stream 2 gas pipeline project.

    “From an American perspective, the pipeline will bring more than just gas, but also an increased sanction risk,” he said. He pointed out that the pipeline will make EU countries dependent on Russia.

    The American diplomat has repeatedly said that “the companies that operate in the …

  • Media: laying of Nord Stream 2 pipes in Russian waters has begun

    The Nord Stream 2 gas pipeline construction contractors have begun pipe-laying operations in Russia’s territorial waters, RBC news agency reports with reference to a statement of Nord Stream 2 AG.

    According to the press release, the Solitaire, a ship belonging to the Swiss company Allseas, is responsible for the operations in Russian territorial waters. The ship has as many as 420 active crew members, and it will carry out pipe-laying operations 24/7. The 12 meter pipes, weighing in at 24 tons, …