Contents tagged with Nord Stream

  • U.S. decides not to impose sanctions against Nord Stream 2 AG and its CEO

    Joseph Biden’s administration imposed and immediately suspended sanctions against the operator of the Nord Stream 2 project, Nord Stream 2 AG, and its CEO Matthias Warnig, according to the State Department’s report sent to Congress on Wednesday, May 19. U.S. Senate Foreign Relations Committee Chairman Robert Menendez confirmed that the document had been received.

    “I have determined that it is in the national interest of the United States to waive the application of sanctions on Nord Stream 2 …

  • Berlin gives permission to lay 2km of Nord Stream 2 pipeline in Baltic Sea

    The Nord Stream 2 AG consortium will be able to lay two kilometers of pipes in German waters in May. The German Federal Maritime and Hydrographic Agency (BSH) said that it had agreed to immediately allow the construction under the permit issued on January 14. According to the statement, Nord Stream 2 AG is only allowed to lay the pipes on the bottom of the sea, and any installation work should be carried out later.

    The agency stressed that the decision was taken "after a thorough assessment of …

  • Blinken intends to discuss North Stream 2 with Lavrov

    During the ministerial session of the Arctic Council, U.S. Secretary of State Anthony Blinken will discuss bilateral relations and the Nord Stream-2 pipeline at a meeting with Russian Foreign Minister Sergey Lavrov, TASS reports, citing a high-ranking State Department official.

    "I believe that this topic may arise in bilateral negotiations. We, like Congress, have made our position towards Nord Stream 2 very clear and stated that this is a Russian strategic project that undermines European …

  • Germany suspends construction of Nord Stream 2

    The permit for the construction of Nord Stream 2 in Germany economic zone in the Baltic Sea has been suspended, reports Interfax citing German Federal Maritime and Hydrographic Agency (BSH).

    The permit, which was in effect until the end of May and applies to a 16-kilometer stretch of pipeline under construction, has been suspended due to a lawsuit filed by environmentalists, said a representative of BSH.

    In April, Germany's Nature and Biodiversity Conservation Union (NABU) tried to challenge …

  • U.S. Senators urge Biden to accelerate sanctions against Nord Stream 2

    U.S. Senators Robert Menendez (New Jersey) and Jeanne Shaheen (from New Hampshire) sent a letter to Secretary of State Antony Blinken calling for accelerated imposition of new sanctions against the Nord Stream 2 pipeline.

    "This pipeline must be stopped, and your leadership is required towards that end. We urge that the effort to build strong Nord Stream 2 sanctions packages be accelerated to meet the urgency of the moment," the Senators said in a letter.

    On March 18, the U.S. State Department …

  • Construction of Nord Stream 2 pipeline delayed by half a year

    The completion of the Nord Stream-2 pipeline continues to be postponed.According to Interfax, the operator of the project, Gazprom's Swiss-registered subsidiary Nord Stream 2 AG, has postponed the completion date in Danish territorial waters by another five months. About 160 km of pipe remain to be laid there.In a new Notice to Mariners published by the Danish Maritime Authority, the company says it plans to continue work until September 2021. Two months ago, in a similar document, the deadline …

  • Largest investor leaves Nord Stream 2

    Germany's Wintershall Dea no longer plans to provide funding to the Nord Stream 2 project, the company said in a annual report.

    "The Group‘s involvement with the Nord Stream 2 project is limited to the provision of loans together with four major European energy companies (ENGIE, OMV, Shell and Uniper). The company‘s loan payments to Nord Stream 2 AG amount to €730 million and were completed prior to the revision of the ‘Countering America‘s Adversaries Through Sanctions Act ‘CAATSA‘ Section 232 …

  • Washington imposes sanctions on Russian pipe-laying ship working on Nord Stream 2

    The U.S. Treasury Department imposed sanctions on the Fortuna pipe-laying ship and its owner, which are involved in the construction of Russia's Nord Stream-2 gas pipeline, as stated on the website of the U.S. Treasury Department.

    Last December, Fortuna's specialized barge laid about 2.6 km of pipeline in German waters, after a nearly year-long hiatus in construction due to U.S. sanctions.

    Now the ship, which flies the Russian flag, has been added to the list of companies and entities that …

  • Poland: Nord Stream 2 is 'a selfish project' of Russia and Germany

    Russia's Nord Stream 2 project is damaging European energy security, said the Chief of Poland’s Presidential Chancellery, Krzysztof Szczerski, reports Polskie Radio.

    "This is a very selfish project between the two countries (Russia and Germany) that deals a blow to the entire energy security structure of Europe and the Euro-Atlantic space," Szczerski said.

    According to Szczerski, reports that Joe Biden's administration can agree to the implementation of this project are not true.

    Szczerski …

  • Russia resumes construction of Nord Stream 2 pipeline

    Russia has resumed laying pipes for the Nord Stream 2 gas pipeline, reports the Russian news agency Interfax, citing Nord Stream 2 AG.

    "On January 24, the pipelay vessel Fortuna began work on the construction of the Nord Stream 2 gas pipeline. Today, the Fortuna vessel began laying pipes in Danish waters after successfully conducting sea tests. All works are carried out in accordance with the relevant permits. We will provide more information about the construction and our future plans," Nord …