Tag Archives: Nord Stream 2

Russia plans to put the Nord Stream 2 gas pipeline to domestic use after the fuel exports to Germany and Europe that were envisaged in its decade-long construction were called off because of the war in Ukraine. The Baltic Sea pipeline was completed last year but had not yet entered …

Europe is scrambling to reduce its dependence on Russia for energy and bracing for potential disruption to critical natural gas supplies as Russia’s war in Ukraine sends prices to new highs. The Paris-based International Energy Agency said on March 3 that Russian gas imports could be cut by one-third this …

The Swiss-based company that built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, sources said, as it tries to settle claims before a US sanction deadline for other entities to stop dealing with it. The US imposed sanctions on Nord Stream 2 AG …

Germany has moved ahead to block the €9.5bn Nord Stream 2 pipeline amid the growing military tensions between Russia and Ukraine. In a blow to the gas pipeline project, German Chancellor Olaf Scholz has suspended its certification process after Moscow announced recognition of the independence of Donetsk and Luhansk in …

Germany said Tuesday it will halt the certification of the Nord Stream 2 gas pipeline designed to bring natural gas from Russia directly to Europe after President Putin recognized breakaway regions in east Ukraine and said Russian troops would move into the area to act as peacekeepers. Germany’s Chancellor Olaf …

The Nord Stream 2 gas pipeline can ensure Germany’s leadership in the European economy for decades to come, and it is important for German Chancellor Olaf Scholz to maintain it, Valdai discussion club program director Timofey Bordachev told TASS. The expert drew attention to the joint press conference of Scholz …

Gas supplies via the Nord Stream gas pipeline in 2021 remained at the record level of 2020 of 59.2 bln cubic meters, the operator of the project, Nord Stream AG, said in a statement on Monday. “In 2021, 59.2 billion cubic meters of natural gas were transported through the Nord …

The Nord Stream 2 gas pipeline should not be singled out and viewed “in isolation” given Europe’s continued need for all sources of gas supply, the head of Austria’s OMV said Feb. 3. Speaking after OMV released its fourth quarter results, CEO Alfred Stern said European gas demand would remain …

Deliveries of Russian natural gas to Germany through the Yamal-Europe pipeline have been completely halted, data from the country’s transport operator, Gascade, revealed on Tuesday morning. The suspension of the flow comes after a weekend in which the volume being sent through the network dropped significantly, just as demand for …

US senators came to terms concerning consideration of the bill on sanctions against the Nord Stream 2 gas pipeline tabled by Senator Ted Cruz (Republican-Texas) and would vote on this initiative on January 14, 2022 at the latest. “The Senate reached an agreement that at a time to be determined …