Contents tagged with Nord Stream
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Kremlin promises to respond to Nord Stream 2 sanctions
Russia is analyzing the situation surrounding the construction of the Nord Stream 2 gas pipeline. Due to the threat of US sanctions, the Swiss company Allseas, which was providing its pipe-laying vessels to Gazprom, recently ceased its involvement in the project, halting progress.
Kremlin Spokesperson Dmitry Peskov said on Monday that Russia will not fail to respond to Washington’s new wave of anti-Russian sanctions. “Our position is that such sanctions are unacceptable to us,” said Peskov, …
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Russian Foreign Minister: US sanctions will not stop construction of Nord Stream 2
Russian Foreign Minister Sergey Lavrov said that despite the US sanctions, the Nord Stream 2 and TurkStream gas pipelines would be put into operation, reports Interfax news agency. Lavrov also said that Russia plans to respond to the new sanctions from Washington.
US Congress approved the National Defense Authorization Act on December 17. President Donald Trump signed it on December 21. Following the adoption of the budget by Congress, two Republican US senators,Ted Cruz and Ron Johnson, sent …
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Swiss Allseas withdraws pipe-laying vessels from Nord Stream 2 construction zone following US sanctions
The Swiss company Allseas, which has been laying the pipes of Nord Stream 2, has withdrawn its ships from the construction zone in the Baltic Sea. Allseas declined to provide an estimate of how long the construction of Nord Stream 2 would be delayed by. A total of three of Allseas' ships were involved in the laying of the pipeline, including the "Pioneering Spirit" - the world's largest ship for assembling and transporting sea platforms and laying underwater pipelines. On December 21, Gazprom' …
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Russia condemns US sanctions against Nord Stream 2 gas pipeline
The Russian Foreign Ministry stated that US sanctions against companies that are participating in the construction of the Russ an Nord Stream 2 gas pipeline are aimed at European countries, not Russia.
The Russian Foreign Ministry claims that the sanctions in the US National Defense Authorization Act (NDAA) 2020 are aimed at depriving Europe of guaranteed sources of energy supplies from Russia.
"Moreover, the desire to harm Russian exports is not the only and not even the main thing. To no …
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Nord Stream 2 contractor suspends work on pipeline as US sanctions take effect
Swiss pipeline installation and subsea construction company Allseas, which is working on Nord Stream 2 gas pipeline, suspended the construction activities, reported the press service of the company.
Allseas indicated that such a decision was made "in anticipation of the enactment of the National Defense Authorization Act (NDAA)," which includes sanctions against the operators of the Nord Stream 2 gas pipeline. "Allseas will proceed, consistent with the legislation's wind down provision and …
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US sanctions against Nord Stream 2 pipeline come into effect
US President Donald Trump has signed a package of sanctions, which were previously approved by Congress and the Senate, against companies involved in the construction of the Nord Stream 2 gas pipeline. The bill came into effect. The punitive measures are included in the new US National Defense Authorization Act for 2020, which Trump signed on December 21.
The bill provides for restrictions against foreign companies providing vessels for the construction of Nord Stream 2 and TurkStream …
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Merkel speaks against US sanctions on Nord Stream 2 gas pipeline
German Chancellor Angela Merkel spoke against the sanctions that the United States intends to impose on the Russian Nord Stream 2 gas pipeline, reports Focus.de news outlet.
Merkel said she sees no other solution to this issue than to discuss sanctions.
"I would like to note that negotiations on a gas contract with Ukraine are continuing," said Merkel.
The United States is trying to increase pressure on Germany by imposing sanctions against the Nord Stream 2 project.
On December 17, the US …
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US Senate approves sanctions against Nord Stream 2
The US Senate has approved the National Defense Authorization Act (NDAA) for the 2020 financial year, which obligates the White House to impose sanctions on the Russian gas pipelines Nord Stream 2 and Turkish Stream.
On December 11, the House of Representatives voted in favor of the NDAA, and now the 3,500-page document is on President Donald Trump’s desk, awaiting his signature.
Certain points of the document, which raises the US’s annual military expenditure by 3.1% to $738 billion, impose “ …
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Putin and Merkel discuss Nord Stream 2 gas pipeline
During a telephone conversation, Russian President Vladimir Putin and German Chancellor Angela Merkel discussed the possibilities of Russian gas transit through Ukraine in 2020 and the implementation of the Nord Stream 2 gas pipeline project, reports the Kremlin's press service.
Putin and Merkel also positively assessed the Normandy Four Summit, which was held in Paris on December 9.
Also, the leaders discussed the situation in Libya. According to the report, the parties noted the need to …
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Nord Stream 2 pipeline: almost 350 German companies may face US sanctions
Almost 350 German companies which are taking part in the Nord Stream-2 project may be affected by the US sanctions, said the Chief Executive of Foreign Trade at the Association of German Chambers of Industry and Commerce (DIHT), Volker Treier in a commentary for the news network Redaktions Netzwerk Deutschland.
According to him, there is growing concern in German business due to Washington's intention to impose sanctions against companies involved in the construction of the Russian gas …