Tag Archives: OMV

Critics say that the natural-gas pipeline will strengthen Russia’s hand in Europe and isolate Ukraine.

LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.

Denmark is the last country that has not issued a permit for the laying of the gas pipeline in its exclusive economic zone.

Germany is taking every effort to implement the Russian-European Nord Stream 2 project.

Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.

Tripoli-based NOC operates Sharara in partnership with Repsol. Total. OMV and Equinor. formerly known as Statoil.

The Nord Stream 2 pipeline is expected to come into service at the end of 2019.

In Germany and Finland. Nord Stream 2 AG has already received a full set of permits for the construction and operation of the gas pipeline.

While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.

The Nord Stream 2 project has been welcomed by some countries in Europe. such as Germany and Austria.