Tag Archives: Pipeline

A massive gas project worth $1.5 billion is underway in Southeastern Iran where the country’s oil ministry is conducting a major pipe laying operation to supply the deprived and remote regions bordering Pakistan with natural gas.

Europe is Russia'.s main customer for natural gas and critics fear the pipeline.

The construction of the Nord Stream 2 pipeline will be completed despite the threat of US sanctions because European nations have a clear economic interest in the project. Russian Foreign Minister Sergey Lavrov said.

Russia will continue to implement its economic projects despite sanctions. the Russian Foreign Ministry said in a statement regarding US sanctions against the Nord Stream 2 and TurkStream gas pipelines.

The EU Commission and the German government have condemned the United States for imposing sanctions on companies working on a major project to supply Western Europe with Russian gas.

The German government rejects such extraterritorial sanctions.

The firm has bought what it claims are two of the UK’s largest energy storage facilities.

Under this initiative. both the firms plan to increase energy supplies in the state and south-eastern Australia.

The U.S. sanctions over the pipeline would affect bilateral relations between Moscow and Washington.

US lawmakers fear the pipeline. which is 80 percent finished. would bring Russia billions of dollars and increase Russian influence in Europe.