Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline project, should substantiate its appeal against the decision of the German Federal Network Agency [Bundesnetzagentur] not to exempt the Nord Stream 2 project from requirements of the revised EU gas directive, a spokesperson of the Higher Regional …
Read More »Asia to Lead Construction of New O&G Pipelines by 2024
Asia is set to lead the global construction of new trunk/transmission oil and gas pipelines by 2024, holding a 36% of total estimated additions, consulting firm GlobalData said in a new analysis on Friday. The region expects 109 projects with a 46,699-kilometer length of new-build oil and gas pipelines. Roughly …
Read More »Nord Stream 2 may Contribute to Europe’s Energy Security
Russia hopes that the Nord Stream 2 gas pipeline will be finalized and it will help step up energy security in Europe in the future, Kremlin Spokesman Dmitry Peskov said in a televised interview on Russia’s Channel One on Saturday. “Unconditionally, we are hoping that the project will be finalized …
Read More »Gazprom Considers Second Gas Pipeline to China
Russia’s Gazprom said Monday it was launching feasibility studies on constructing a second gas pipeline to China that would more than double the volumes it could deliver to the energy-hungry nation. “The objective is to connect the gas transportation infrastructure in the west and the east of Russia,” Gazprom chief …
Read More »Russia Considers Major Investment in Iraqi Gas Field
The Russian Ambassador to Iraq, Maxim Maksimov said that Russia is seeking to invest heavily in Al-Mansouriya gas field, in the Diyala governorate. Maksimov said in a press statement yesterday that “Russian companies are willing to mobilise significant funds and have submitted an investment tender for Al-Mansouriya gas field in …
Read More »European Commission not Involved in German Regulator’s Decision on Nord Stream 2
The Federal Network Agency of Germany refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said earlier on Friday BRUSSELS, May 15. /TASS/. The European Commission was not involved in the decision taken by the German …
Read More »Russian Nord Stream Pipeline Vessel Docked at Construction Site
Satellite photos show the ship that is a prime candidate to finish the controversial Nord Stream 2 gas pipeline linking Russia and Europe has docked at a key port in Germany. The Akademik Cherskiy has moved into the port of Mukran, about 300 kilometers (186 miles) north of Berlin, where …
Read More »Russia’s Challenge with OPEC
Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fields. To save the market from collapse caused by the coronavirus, Moscow and its OPEC allies agreed to cut crude output deeper than ever before. Their …
Read More »Poland Scores Victory over Russia after Gazprom Relents and Adjusts Gas Prices
Russia was still trying to stiff Poland on energy and gas prices in March and April despite a European court verdict that determined Russia overcharged Poland and should adjust its prices to fair market value. The Polish Oil Mining and Gas Extraction Company (PGNiG) won in the Court of Arbitration …
Read More »German Government Promises to Support Companies Engaged in Nord Stream 2
The German government intends to provide political support to businesses working on the Nord Stream 2 gas pipeline, reports the Russian newspaper Kommersant. “The Federal Government does not know how the project will be implemented from a technical point of view but assumes that the Nord Stream 2 will be …
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