Gas

Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.

US President Donald Trump had chastised Germany for buying Russian natural gas and for working on the pipeline.

ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.

US sanctions against companies involved in Nord Stream 2 could be in the pipeline.

The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.

Deputies of the Ukrainian parliament urged the EU to rely on Ukraine’s gas transportation network capability.

Gazprom owns a block of shares of Nord Stream AG that was pledged as collateral for funding.

The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.

In addition to demand growth. LNG supply projects have an opportunity to capture legacy demand.

Gazprom increased gas production by 8.7 percent in the first half of 2018.