Contents tagged with Nord Stream - 2

  • Putin promises 'commensurate reaction' to NATO expansion

    Russian President Vladimir Putin promised a “commensurate reaction” for the deployment of NATO bases near Russian borders.

    Speaking at a meeting of Russian ambassadors and permanent representatives in Moscow on Thursday, the President called such actions “aggressive steps”.

    In his opinion, the guarantee of security in Europe is based on constructive cooperation in the European space.

    Putin also urged Western countries to exert influence on Kyiv in the implementation of the Minsk agreements. …

  • Bill on sanctions against Nord Stream 2 pipeline introduced in the US Congress

    John Barrasso, Senator from Wyoming and a member of the Republican Party of the USA introduced a new bill to Congress providing sanctions against the Nord Stream 2 pipeline, as reported on Barrasso’s website.

    According to the Senator, sanctions against the pipeline would allow NATO countries to avoid political manipulation and coercion by Russia. “Countries like Germany should be reducing the amount of natural gas that they buy from Russia, not increasing it. But that’s what this Nord Stream 2 …

  • Russia agrees to transit gas through Ukraine in exchange for release of seized Gazprom assets

    Russia is prepared to renounce its long-standing gas dispute with Ukraine and resume gas transit to the EU on the 2014 level if all of Ukraine’s financial claims against Gazprom are withdrawn, said announced Russian Energy Minister Alexander Novak at the end of the trilateral gas negotiations in Berlin involving representatives from Kyiv and the EU.

    Russia mentioned the possibility of renewing gas transit with the previous volumes one day after the Putin-Trump talks in Helsinki, where the US …

  • Naftogaz offers to make gas transit through Ukraine cheaper than Nord Stream 2

    On July 13, Naftogaz Ukraine sent a proposal to the relevant national commission proposing changes to the method for calculating natural gas transit tariffs which has been in place since 2015, reported the company’s press service.

    The price envisaged by the new proposal is $2.17 to transit 1000 cubic meters 100 km (with VAT and the fuel component). This is 20% less than the transit rate in the existing contract with Gazprom, and also 2.3 times smaller than the average cost of transit according …

  • Putin assures Trump that Russia will continue gas transit through Ukraine

    At a joint press conference with US President Donald Trump in Helsinki, Russian President Vladimir Putin assured the US President that Russia will keep the transit of Russian gas through Ukraine after the construction of the Nord Stream-2 gas pipeline.

    Putin noted that during the meeting, Trump "expressed concern that the gas transit through Ukraine may stop."

    "I assured the president that Russia is ready to maintain this transit, moreover, we are ready to extend the transit contract, which …

  • Ukraine-EU summit participants call Nord Stream 2 pipeline a mistake

    During a joint press statement with European Council President Donald Tusk and European Commission President Jean-Claude Juncker on the results of the 20th Ukraine-EU summit in Brussels on Monday, Ukrainian President Petro Poroshenko said that the construction of Nord Stream 2 “completely nullifies all of Europe’s gas independence”, since Europe will be more dependent on Russian gas.

    Poroshenko added that Ukraine remains a strategic partner of European countries in energy matters - “a partner …

  • Ukrainian Parliament urges the EU to stop construction of Nord Stream 2 pipeline

    Deputies of the Ukrainian Verkhovna Rada urged the EU to rely on Ukraine’s gas transportation network capability, and cease construction of the “politically motivated” Nord Stream 2 gas pipeline.

    233 of the deputies supported the draft resolution in which Ukraine seeks to confirm its strategic role as a transit country of natural gas to the European Union, the 112 Ukraine channel reports.

    “We expect ... measures to be taken in order to prevent the construction of a politically motivated …

  • European Commission confirms date for gas transit negotiations with Ukraine and Russia

    The trilateral negotiations between Ukraine, the EU and Russia on gas transit will take place on July 17. Unofficial information about this appeared on Wednesday, July 4, and on Thursday it was confirmed by European Commission (EC) Vice President Maroš Šefčovič in a statement on the EC’s official website. “Constructive and stable co-operation between Russia and Ukraine in the field of energy is of utmost importance for both countries and the European Union. The need for a continued, long-term …

  • Polish prime minister highlights dangers of Nord Stream 2 pipeline

    Polish Prime Minister Mateusz Morawiecki, speaking in European Parliament in Strasbourg on July 4, cautioned Europe against the joint construction of the Nord Stream 2 gas pipeline with Russia.

    He believes that, starting with Central Europe, everyone may be adversely affected by the construction of Nord Stream 2, which he considers a purely political project, not an economic one.“The European Union does not need Nord Stream 2, which will increase the risk of instability in Eastern Europe and …

  • Estonian Foreign Minister calls for a stop to Nord Stream-2 pipeline

    Estonia's Minister of Foreign Affairs, Sven Mikser has urged the termination of the German-Russian gas pipeline Nord Stream 2. He expressed his view on Monday, July 2 to the Die Welt newspaper, stating that the pipeline is not an economic but a political project.

    "It is only a lever by which Russia will interfere with European policy," Mikser said, adding that it is in the interests of the EU to stop the project. Earlier, the US also supported the idea of phasing out the construction of Nord …