Meeting in Brussels on Wednesday, the European Parliament weighed two separate sets of remarks relating to Russian energy policies. These remarks encapsulated the diverging European views over the implications of Nord Stream 2, a Russia-to-Germany underwater natural-gas pipeline system being built in the Baltic Sea. One view is that the …
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The motion, put forward by representatives of some of the assembly’s largest political groupings, says that recent rows with Moscow over the buildup of troops on the border with Ukraine and the jailing of Russian opposition figure Alexey Navalny shows the need for tough action against the country. However, due …
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RT’s Boom Bust spoke to author and host of the Economic Update, Professor Richard Wolff, to discuss the situation. He says Nord Stream 2 was spared from the latest round of sanctions on Russia because the US was afraid to offend the Europeans, who already refused to cave in to …
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According to the report, Amos Hochstein, who served as the special envoy and coordinator for international energy affairs under President Barack Obama and was a close adviser and confidant to then-Vice President Joe Biden, was informally offered the role by National Security Advisor Jake Sullivan late last month and is …
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According to Moscow news agency TASS, Nord Stream 2 AG’s branch director, Andrey Minin, claimed that the last three months have seen a growth in military presence in the area. “After the resumption of Nord Stream 2 offshore construction in January 2021, there has been an increase in activity of …
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The US, which calls the shots in the alliance, is demanding that the nearly complete offshore pipeline be shut down, while another key member, Germany, wants the project to be finished as it sees a steady supply of Russian gas as essential for its own and the EU’s energy security. …
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Citing sources in the Biden administration, Bloomberg news service reported on Thursday that a series of measures aimed at halting the construction of the Gazprom-sponsored underwater link, which will carry fuel from Russia to Western Europe, could be imminent. However, the report noted, “Secretary of State Antony Blinken is loathe …
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Hitting out on Wednesday at critics of the joint project with Moscow, Heiko Maas warned the project’s detractors must consider the “geostrategic” consequences of failing to finish work on Nord Stream 2. The minister warned that those seeking to torpedo the project, such as the US, which has levied sanctions …
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“If we stop the project now, we will inflict a great deal of harm, casting doubt on the reliability of decisions made on the basis of principles of the rule of law and would probably face court proceedings,” Federal Minister Svenja Schulze said in an interview with Redaktionsnetzwerk Deutschland (RND). …
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Pipe-laying vessel ‘Fortuna’ and oil tanker ‘Maksim Gorky’, as well as two Russian firms, KVT-Rus and Rustanker, were blacklisted on Tuesday under CAATSA (Countering America’s Adversaries Through Sanctions Act) as part of the US’ sanction war. The same legislation had been previously used by Washington to target numerous Russian officials …
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