Tag Archives: Germany

The US Congress has recently approved the annual Defence Authorisation Bill, which among other things included a fresh bunch of sanctions targeting the joint pipeline project by Russia’s Gazprom and several European energy giants, after previous measures failed to thwart its construction. The Nord Stream 2 pipeline “will never carry …

Porsche has no plan to make an electric version of its iconic 911 sports cars. So, how to ensure continued sale of its flagship model far into the future, when governments around the world, including California’s, are planning to eventually ban sales of new internal combustion cars? Porsche’s answer: carbon-neutral …

US has continued to put pressure on Germany and the EU to halt construction of the Nord Stream 2 gas pipeline linking Russia to Europe, which Washington sees as a “political tool” of the Kremlin, a top envoy said. “Now is the time for Germany and the EU to impose …

German Foreign Minister Heiko Maas expects the longstanding issue of the Russian gas pipeline project, Nord Stream 2, to be settled after Joe Biden takes office as US president. “The European Union sees the sanctions introduced against the project as an illegal step and takes a different view of the …

Russia can probably get around the latest U.S. sanctions against Nord Stream 2 and complete the pipeline, industry executives and analysts of the controversial project say. Gazprom PJSC, which owns the project to boost natural gas flows from Russia into Germany, says it’s drawing up alternatives to complete work that …

The United States continues its attempts to derail the construction of the Nord Stream 2 gas pipeline from Russia to Europe, German utility firm Uniper said. “Uniper regrets to say that the US is still trying to undermine the important infrastructure project, which is Nord Stream 2. We believe it …

Germany is showing continued strong support for the International Atomic Energy Agency’s mission to foster global peace and development, even as the country phases out its own use of nuclear power, IAEA Director General Rafael Mariano Grossi said yesterday during a two-day visit to Germany. Decommissioning and waste management will …

The EU imported the highest ever volume of LNG in 2019 at 108 billion cubic meters, marking 27% of total gas imports and 22% of the EU’s gas consumption, according to the European Commission. The gas market report showed that Qatar supplied 30 bcm of LNG to the EU in …

Higher costs for gas infrastructure and the new CO2 price in the heating sector are set to increase gas costs for German households in 2021, consumer comparison site Verivox has calculated. The platform estimates a two percent increase in gas grid fees, amounting to eight euros more per average household …

In mid-September, Kremlin spokesman Dmitry Peskov warned against politicising the Nord Stream 2 gas pipeline project, which he said is profitable for both Russia and the EU. The statement came amid Berlin’s threats to freeze the project due to Moscow’s alleged role in the purported poisoning of Russian opposition figure …