Tag Archives: Turkish Stream

The US authorities have intensified pressure on European contractors of construction of the Nord Stream 2 gas pipeline recently, treating with “far-reaching” consequences if they continue cooperating with the project, the German Die Welt paper wrote on Saturday with reference to sources. The US authorities have started holding bilateral talks …

Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas giant Gazprom for at least two weeks. According to Turkish state-owned Botas, cited by Interfax, the Turkish Stream pipeline will …

The European Union firmly opposes unilateral sanctions and threats of sanctions by the United States, as they affect the interests of European companies, including Nord Stream 2 and Turkstream gas pipelines. Such measures go against the international law, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said …

The United States on Wednesday hardened its efforts to prevent the completion of new German-Russian and Turkish-Russian gas pipelines by ending sanctions exemptions for companies involved in the projects and warning they will be subject to US penalties unless they halt their work. US Secretary of State Mike Pompeo announced …

The Nord Stream 2 gas pipeline operator sought permission for the construction of the pipeline from Denmark since April 2017.

Nord Stream 2 will make Germany a stronger transit country for natural gas.

Gazprom was planning to gradually move its Ukrainian transit quantities to the Turkish Stream and Nord Stream 2 pipelines.

Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.

The pipeline’s offshore section is expected to equal about 910 km.

Turkey has little of its own energy resources and is heavily dependent on Russian gas.