Contents tagged with Nord Stream - 2

  • 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 …

  • Russia to finance Nord Stream 2 if US imposes sanctions

    The construction of the Nord Stream 2 gas pipeline, which will connect Russia and Germany directly, may be financed even if Washington places sanctions on the European companies involved in the project, Nord Stream 2 CFO Paul Corcoran told Welt am Sonntag in an interview.

    “The project will definitely be financed. It is important for Gazprom, and Russia currently has a large liquidity reserve in euros,” Corcoran emphasized.

    According to the CFO, the initiative may be realized even without …

  • Speaker of Ukrainian Parliament: Nord Stream 2 pipeline is Russia’s tool for putting pressure on EU

    During the international conference devoted to the discussion of the international security issues, the Chairman of the Verkhovna Rada of Ukraine, Andriy Parubiy stated that Russia is promoting the Nord Stream 2 gas pipeline project to put political pressure on the EU, to disseminate corruption schemes and to weaken the European countries.

    "Twice, even when it was extremely cold, the Russian Federation stopped supplying gas to Ukraine, demanding political impact on the situation in our country. …

  • Gazprom’s European partners under threat of US sanctions because of Nord Stream 2 pipeline

    European partners of Gazprom are frightened of coming under US sanctions for helping to construct the Nord Stream 2 gas pipeline, said a member of the board of the German energy company Uniper, RBC new agency reported.

    Reiner Hartmann heads the Russian branch of Uniper, a company that belongs to the Nord Stream 2 consortium of investors. He said the likelihood that the United States will indeed impose sanctions ,that it is threatening with, is "extremely threatening" for all of Gazprom's …

  • Poroshenko: Ukraine to create EU group to stop Nord Stream 2

    The Ukrainian authorities are creating a group in the European Union to halt construction of a second line of Nord Stream 2, the Russian gas pipeline intended to bypass Ukraine. The group will also negotiate with Germany on the creation of an international consortium for the management of the Ukrainian gas transportation system, Interfax-Ukraine reports, citing the Ukrainian President, Petro Poroshenko

     “Nord Stream 2 is an absolutely political project against Ukraine, which has no economic …