Contents tagged with Nord Stream
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Poland to take part in Nord Stream 2 certification
The Polish oil and gas company PGNiG received the right to participate in the certification of the Nord Stream 2 gas pipeline, the company said in a statement.
"The German Federal Network Agency (Bundesnetzagentur, BNetzA) has granted Polskie Górnictwo Naftowe i Gazownictwo SA and its German subsidiary - PGNiG Supply & Trading GmbH participation in the certification proceedings for Nord Stream 2," the statement reads.
The Polish side argues that Nord Stream 2 does not meet the formal …
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European gas prices soar after Russia’s Gazprom reduces deliveries through Poland
The European gas market after a short respite has soared again. On Monday, gas futures linked to spot prices at the Dutch TTF hub jumped by 13% and exceeded $ 900 per thousand cubic meters after the Russian gas giant Gazprom decided to drastically reduce gas deliveries through Poland and refused to book additional transit capacity through Ukraine.
At the last gas transit auction of the European GSA Platform, Gazprom booked only 31.4 million cubic meters per day through the Polish branch of the …
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Russia’s Gazprom claims Nord Stream 2 construction has been completed
According to the press service of Gazprom, by the chairman of the company's board Alexei Miller announced at the morning operational meeting that the construction of the Nord Stream 2 gas pipeline has been fully completed.
According to Miller, the construction that lasted three years was completed on Friday, September 10, at 8.45 Moscow time.
According to Bloomberg, Gazprom plans to start supplying gas through the first line of the pipeline from October 1, and through both lines - from …
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Russian Foreign Minister: Nord Stream 2 will be completed in a few days
Russian Foreign Minister Sergey Lavrov said that the Nord Stream 2 gas pipeline will start working in a few days.
"It will be completed in a few days and will start working," Interfax quoted Lavrov as saying.
Lavrov said that the United States is obsessed with the idea of blocking the project but will not be able to stop it.
"The Biden administration has not changed its position. They are still against this project, but they understand that it cannot be stopped. But if you understand that …
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Russia's Gazprom loses German court appeal to use 100 percent of Nord Stream 2 capacity
As Russian officials celebrated the opportunity to complete the Nord Stream 2 pipeline, Russia’s gas giant Gazprom was defeated in a key dispute over the future of the project.
On Wednesday, the Dusseldorf Higher Regional Court rejected the appeal of Nord Stream AG against the decision of the Federal Network Agency of Germany, which refused to remove the gas pipeline from the regulations of the third EU energy package of the EU.
The Swiss-based Nord Stream AG, a 100 percent subsidiary of the …
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Merkel: Europe will completely abandon Russian gas in 25 years
EU countries will completely abandon gas imports from Russia within 25 years, said German Chancellor Angela Merkel after meeting with Ukrainian President Volodymyr Zelensky.
According to Merkel, moving away from gas is necessary for the implementation of the policy of climate neutrality adopted by the European Union.
"At the latest in 25 years, gas from Russia to Europe will not be exported at all or in much smaller volumes," Merkel warned. It is necessary that not only Moscow but also Kyiv …
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Ukrainian President: likelihood remains that Nord Stream 2 will not be launched
Ukraine should use the time required to launch the Nord Stream 2 gas pipeline to protect its interests and energy security, said Ukrainian President Volodymyr Zelensky in an interview with the journalists from Washington Post, Liberation, Funke Media, NV and Novaya Gazeta.
Zelensky noted that Nord Stream 2 is among the priorities on the agenda of his meeting with US President Joseph Biden in Washington.
"It still has a long way to go, even if 1% of the work remains until the full completion …
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Gas prices in Europe tumble as Russia’s Gazprom promises to launch Nord Stream 2 this year
The European gas prices, which have soared by 200% since the beginning of the year, have tumbled.
Gas futures on the ICE exchange fell by almost 10% after the Russian gas giant Gazprom announced the launch of Nord Stream-2 this year.
September contracts pegged to spot quotes of the EU's largest gas hub TTF in the Netherlands are trading at around $504.8 per thousand cubic meters, although at the beginning of the week they were at more than $ 570.
At the moment, the quotes fell below of $500, …
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Poland: Nord Stream 2 will help Russia to further arm itself
Polish Prime Minister Mateusz Morawiecki said he disagreed with the position of the United States and Germany on the issue of the Nord Stream-2 gas pipeline.
The head of the Polish government noted that Poland's allies, including Germany and the United States, "selfishly approached the issue of building this gas pipeline." Morawiecki stressed that earlier Poland insisted that the implementation of this project "helps to arm Russia."
"Russia is a state that is very heavily armed, has many …
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Kremlin: Putin praised Merkel for consistently pursuing completion of Nord Stream 2
The Kremlin press service said that Russian President Vladimir Putin and German Chancellor Angela Merkel are satisfied with the construction of the Nord Stream-2 gas pipeline.
In turn, Merkel’s press service said that the Chancellor spoke to Putin over the phone about the construction of Nord stream-2 and the transit of gas through Ukraine.
Angela Merkel told Putin that the situation around Nord Stream 2 was discussed during the talks with the U.S. President Joe Biden.
At the same time, the …