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The pipeline was to connect Russia and Germany via the Baltic sea by running parallel to the existing Nord Stream pipeline.
Read More »Russia May Re-Route Nord Stream 2
US Plans to `Bury` Nord Stream 2 to Weaken Russia on European Market
The United States has the most pragmatic position on the Nord Stream 2 project.
Read More »EU Drafts Tough Conditions for Russia Pipeline
The EU imports most of its Russian gas via Ukraine Slovakia. Germany (the Nord Stream 1 pipeline). and Belarus Poland.
Read More »Why US `Will Never Be Able` to Replace Russia in EU Gas Market
The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »EU More Likely to `Ally with Russia Than US` Over Gas Pipeline Projects
Gazprom and its European partners are currently working on two pipeline projects. Nord Stream 2 and Turkish Stream.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
Read More »New US Sanctions on Russia Increase Uncertainty on European Gas Markets
The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.
Read More »Poland Welcomes US Anti-Russia Sanctions That Could Affect Nord Stream 2
It is an initiative to bypass Central Europe and in the future to create the possibility for Russia to blackmail Central European countries.
Read More »Austria`s OMV to Make Conclusions on New US Sanctions Against Russia
The new US sanctions are supposed to limit the financing period for sanctioned Russian banks to 14 days. and for sanctioned oil and gas sector companies to 60 days.
Read More »Nord Stream 2 Pipeline Would Encourage Russia. Put European Stability at Risk
Some in Europe have attempted to delay the pipeline in fear of geopolitical turmoil.
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