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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 »Poland Welcomes US Anti-Russia Sanctions That Could Affect Nord Stream 2
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.
Read More »Europe `Stands Ready to Act` if US Sanctions on Russia Affect Its Oil and Gas Supplies
The EU is concerned that US sanctions will hurt investments in an oil pipeline connecting Russia to Germany.
Read More »EU Council to Discuss Nord Stream 2 Project in September
The European Commission requested the mandate to hold talks with Russia on Nord Stream 2 gas pipeline from the European Union member-states on June 9.
Read More »EU Allows Gazprom to Use an Additional 40% of OPAL Gas Pipeline`s Capacity
Germany is leading a group of countries whose companies are taking part in building the 55bn cubic metre a year (cm y) route.
Read More »13 Of 28 EU Nations Support Intervention in Nord Stream 2 Deal
Russia and its state firm Gazprom cover one-third of Europe’s gas needs.
Read More »Some European States Interested in South Stream’s Revival
Given the current realities in the EU. especially after Brexit. the implementation of South Stream will be impossible without Germany’s approval.
Read More »Germany. Austria Tell U.S. Not to Interfere in EU Energy Sector
The Nord Stream 2 pipeline will have detrimental impacts on the European Union’s energy security.
Read More »Gazprom’s Exports to Europe Hits Record High
On 7 May 2017. the construction of the TurkStream gas pipeline began.
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