Tag Archives: stream

Democrats in the US Senate blocked the Republican proposal for sanctions against Russia over the Nord Stream 2 pipeline, saying it didn’t help Ukraine and denied President Joe Biden “leverage” to deal with the Kremlin. Proposed by Ted Cruz (R-Texas), Senate bill 3436 would have given the White House two …

Despite consistently criticizing the Nord Stream 2 project, for many years, American Democrats are reportedly planning to derail next week’s vote on US sanctions against the Russian-backed natural gas pipeline. The party is making the U-turn because it doesn’t want to weaken President Joe Biden’s position in ongoing security discussions …

The head of German energy company Uniper says the certification of Nord Stream 2 is going as expected and may be completed mid-year. He also believes there is no political influence involved in the process. “I do not see any political influence, the Federal Network Agency is carrying out checks …

Russian President Vladimir Putin had choice words for those who are working to delay the operation of the Nord Stream 2 gas pipeline, blaming them for obstructing a project that he says will be beneficial to all involved. At a meeting with Russia’s State Council on Friday, Putin said that …

Germany’s new top diplomat, Annalena Baerbock, who once accused Russia of “blackmailing” Berlin to greenlight the gas link, has said that she and the country’s chancellor have reached an agreement on the project. Baerbock of Germany’s Green party told Die Ziet on Thursday that herself and Chancellor Olaf Scholz had discussed the …

Yuri Vitrenko, Chairman of the Board of state-owned energy firm Naftogaz, wrote on Facebook on Thursday that “we have a plan for further legal steps to hinder the launch of this Russian pipeline.” He went on to say that Kiev will make the “maximum effort” to stop the project from …

Scholz, who has served as chancellor since December 8, appeared with French President Emmanuel Macron at a joint press conference in Brussels on Thursday night, where he insisted that the controversial pipeline is a beneficial, neutral endeavor, not a tool for pressuring Moscow politically. “Nord Stream 2 is a project …

The price of January futures on the TTF hub in the Netherlands rose 5.5% to $1,428 per 1,000 cubic meters at 7:04am GMT, or $138 per megawatt-hour in household terms, according to data from the Intercontinental Exchange. A day earlier, gas prices in Europe jumped around 10% after German Foreign …

Baerbock, a Green politician who assumed her role in the Foreign Ministry this week, discussed the fate of the multinational project in an interview with the broadcaster ZDF on Sunday. She insisted it still hadn’t met all that was required for it to be certified. “As things stand at the …

The mega-project, completed in September after numerous roadblocks, is still far from supplying European customers, due to approval hurdles in the EU. What is Nord Stream 2? The 1,230-kilometer-long route is a new export gas pipeline running from Russia across the Baltic Sea to Germany. It runs parallel to the …