Tag Archives: Nord Stream 2

The European Commission is set to unveil later on Tuesday its new sanctions package against Russia, which will include a proposal to lower the oil price cap for Russia’s crude to $45 per barrel and to ban the use of Nord Stream infrastructure, sources with knowledge of the plan told …

Nord Stream 2, the Switzerland-based company behind the gas pipeline project, has reached an agreement with its creditors to restructure its debt, a Swiss court in Zug said on Friday. Friday, May 9, was the deadline set by the court for Nord Stream 2 to restructure its debt and repay …

Ideas to resurrect the Nord Stream gas pipelines from Russia to Germany are the “wrong direction of discussion”, Germany’s outgoing economy and energy minister Robert Habeck said on Monday. “The Ukrainians are still under the aggression of Russia. So I think talking about the potential of Nord Stream 2 or …

While the whole world was shocked by negative West Texas Intermediate (WTI) oil prices due to the shortage of demand during the Covid-19 lockdown, the gas market hasn’t seen any dramatic changes. According to Rystad Energy, gas use for industrial consumption is set to decline five per cent, for commercial …

Germany’s energy regulator on Friday (15 May) declined to grant a waiver of European Union gas directives to the operators of the Nord Stream 2 pipeline, dealing a fresh blow to the project to carry gas from Russia to Germany under the Baltic Sea. Nord Stream 2, designed by Russia’s …

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 …

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 …

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 …

Nord Stream 2, the underwater gas pipeline meant to connect Germany and Russia via the Baltic Sea, has received another blow as the German Federal Network Agency has rejected Nord Stream’s request for the project to be exempted from the EU’s Gas Directive, according to media reports. Nord Stream 2 …

The Nord Stream 2 project will connect Russia'.s Ust-Lug and Germany'.s Greifswald.