Contents tagged with Nord Stream - 2

  • Kremlin claims that gas transit through Ukraine is unprofitable

    The Minister of Energy Alexander Novak, in an interview with Gazeta.ru, stated that gas transit through Ukraine to Europe costs Russia 2-2.5 times more than other routes, including Yamal-Europe and Nord Stream-1. 

    “This is primarily since the Ukrainian gas transport system was created about 50 years ago, the minister explained. Back then the technology was still old, with high depreciation of fixed assets, and large losses during gas transport.” 

    According to him, the implementation of new …

  • Merkel: I support Poroshenko, but Nord Stream 2 is also important

    At the Munich Security Conference, Federal Chancellor of Germany Angela Merkel stated that Ukraine should remain a gas transit country even though Germany will not rule out the potential for a direct gas link to Russia, Interfax-Ukraine reports.

    "Ukraine should remain a transit country. Other gas pipelines will also continue to exist... On one hand, I support Poroshenko. On the other hand, the issues related to Nord Stream 2 remain important for me,” the German Chancellor stated.

    Merkel noted …

  • Kyiv: Ukraine satisfied with EU policy changes concerning Nord Stream 2

     The EU’s coordinated amendments to its Gas Directive establish a legal framework for the Nord Stream 2 project to function in accordance with EU standards, but do not reduce the security risks, and could make Russia’s behavior even more aggressive, wrote Olena Zerkal, Ukraine’s Deputy Foreign Minister for European Integration, on Facebook. 

    “First and foremost, EU law will extend to gas pipelines from third countries, including Nord Stream 2. This was and remains the key provision of the …

  • Russia warns of gas supply problems to Europe if Nord Stream 2 is stopped

    The Russian Foreign Ministry warned the EU against hindering the Nord Stream 2 project, stated Deputy Foreign Minister of Russia Alexander Pankin in an interview with RIA Novosti. 

    Pankin stated that if obstacles are created to force Russia to pump gas through Ukraine “on their terms, their tariffs and their legal uncertainties, then this would not work”. He pointed to possible difficulties that European consumers could have if Russia and Ukraine fail to reach an agreement on gas transit and “ …

  • US ambassadors to Europe warn of dangers of Nord Stream 2 pipeline

    American diplomats are urging European countries to revise their Gas Directive and to adopt amendments that would extend the EU’s regulations to companies from third countries, including the Nord Stream 2 project. The US ambassadors to Germany, Denmark and the EU, Richard Grenell, Carla Sands and Gordon Sondland, wrote about this in an opinion article for Deutsche Welle.

    “The EU should revise the Third Energy Package's Gas Directive so that the bloc's laws also apply to projects like Nord …

  • Kremlin: Russia is ready to continue gas transit through Ukraine on its own terms

    Russia is ready to continue the transit of gas supplies to Europe through Ukraine, stated the Deputy Foreign Minister of Russia, Alexander Pankin in an interview with RIA Novosti. “We are ready to continue Ukrainian transit, but under the conditions we need,” explained Pankin. At the same time, according to him, there is "a whole range of elements that Ukrainians cannot go for yet", as well as "the uncertainty of Ukraine itself regarding its gas-transport system, its successor, consortium, and …

  • Media: US steps up pressure on EU regarding Nord Stream 2

    The US has stepped up the pressure on EU countries to halt the construction of the Nord Stream 2 gas pipeline, the German newspaper Handelsblatt reports, citing an anonymous White House official.

    Despite the cold winter months, work on the German-Russian gas pipeline has continued. One third of the 1,230 km gas pipeline has already been laid on the bottom of the Baltic Sea, and the construction is scheduled to finish by the end of the year.

    However, this is not to the US’s liking, …

  • Polish Prime Minister: There is no hope of stopping Nord Stream 2

    In an interview with Interia, Polish Prime Minister Mateusz Morawiecki spoke about the obstacles faced by European countries that do not want the construction of Nord Stream 2.

    “Two powerful countries, one of which is a world power, Russia, and the other, Germany, the fourth economy of the world, decided to build a gas pipeline. These are two powerful States and… it is not easy to prohibit them from doing something. We believe that it contradicts European rules. It is egoistic activity. We …

  • Poland: Nord Stream 2 poses significant threat to the world and to security in Europe

    Poland sees Nord Stream 2 as a significant threat to the world and to the security of the European continent not only in terms of Europe’s deepening dependence on Russian energy resources but also of prospects of escalation of the Russian aggression against Ukraine, stated Polish Foreign Minister Jacek Czaputowicz during a meeting in Davos with Vice Prime Minister for European and Euro-Atlantic Integration of Ukraine Ivanna Klympush-Tsintsadze.

    Czaputowicz noted that, when the transit of …

  • German Foreign Minister is convinced that Nord Stream 2 pipeline cannot be stopped

    US sanctions can force Western companies to withdraw from the Nord Stream 2 project, but this will not prevent Russia from completing the construction of the gas pipeline, German Foreign Minister Heiko Maas claims. 

    Maas asserted that the construction of the disputed Nord Stream 2 from Russia to Germany will not be stopped even by the US sanctions. "No one can disrupt this project. US sanctions can lead to the withdrawal of Western companies from it, including German concerns. This, however, …