Nord Stream 2

European Commission: “Nord Stream-2” is an important political issue

The share of gas from Russia to Germany might increase to 80%, while the Ukraine might lose gas transit.
The European Commission criticized the process of preparation for the construction of “Nord Stream-2” gas pipeline from Russia to Germany. According to DW, vice-president of the European Commission M. Šefčovič rejected assurance of the German Government that the project is just commercial.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

European Commission decides fate of Nord Stream-2

On Tuesday, the European Commission will present a new strategy for energy security. In particular, "regulation on security of gas supply will be revised in order to improve the endurance of the EU at the termination of gas supply". Under the new strategy European officials will also decide the fate of the Nord Stream-2 gas pipeline, which has already provoked loud protests in Eastern Europe.
Today, the EU imports 53% of energy, consumed by it. And some of the countries of the Union depend on a single main supplier of gas. "Diversification of the sources and suppliers is the main way to improve our energy security. Exploration of new production regions and the fuel supply, the study of new technologies, the development of local resources and the improvement of infrastructures, giving access to new sources of the supply, - all these are elements, which will help to the diversification and the more robust European energy security, "- Brussels says. The new strategy of the Energy Union must ensure the transition to a low carbon, secure and competitive economy.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

The European Commission to take decision on “Nord Stream-2” soon

The European Commission will take decision on the construction of “Nord Stream-2” gas pipeline from Russia to Germany under the Baltic Sea in one of these days. Vice-chairman of the European Commission Maroš Šefčovič stated, “Kommersant” reports.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Russia thinks the Third Energy Package of the EU is unfair

Russia considers the EU’s Third Energy Package unfair, said the Russian Prime Minister Dmitry Medvedev. According to him, it prevents some countries and helps others, so we can’t talk about its justice.
The question of the European Energy Package was raised in connection with the Nord Stream-2 project in the interview, given by the Prime Minister to the German edition Handelsblatt on the eve of his visit to Germany. Dmitry Medvedev acknowledged that many European leaders wouldn’t agree with him, but they have their own interest.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Permanent Representative of the Russian Federation to the European Union: The terms of the Third Energy Package are irrelevant to the “Nord Stream-2”

“Nord Stream-2” gas pipeline project, which has no surface part on the territory of the European Union (EU), should not be subject to the EU's Third Energy Package. This was stated by Russia's permanent representative to the EU V.Chizhov.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Dialogue on “Nord Stream-2” should start over, EC

The European Commission appeals for the parties involved to start over the discussion of the construction of “Nord Stream-2” gas pipeline.
It is based on the need to assess reasonability of gas pipeline construction, vice-president of the European Commission M. Šefčovič stated.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

EC does not decide on the legal aspects of "Nord Stream-2".

The European Commission has not yet decided on the legal aspects of the "North Stream-2" project, its legal analysis continues, the European Commission Vice President on Energy Union Maroš Šefčovič informs.
"It's pretty clear that we have a number of concerns on "Nord Stream-2", as this project does not meet the objectives of the strategy for the creation of energy union (in the EU - ed.). In particular, what this project will mean for energy security, diversification, future gas architecture in Europe and the functioning of the energy market", - he stated.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

The EU tries to play politics with Nord Stream 2

Last week we were able to observe the beginning of the second stage of the confrontation around the gas pipeline Nord Stream 2. The first stage, which started in the autumn of 2015, contained vivid statements of politicians from the Eastern Europe. They did not hesitate to call the pipeline a betrayal from the Western partners in the EU and repeated the thesis about the growing dependence on Russian gas. The head of the Council of Europe and the former Prime Minister of Poland Donald Tusk declared openly that he considered Nord Stream 2 project dangerous, which was undermining, threatening and so on. But those were just words, and now it came to certain actions.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Nord Stream-2 may face problems

According to the European Commission, the underwater part of the Nord Stream-2 main gas pipeline can get under the restrictions of the Third Energy Package of the EU.
According to the EC's Directorate for Energy, the underwater part of the Nord Stream-2 pipeline, which should pass under the Baltic Sea, is subject to EU law, not only to the jurisdiction of four countries: Finland, Sweden, Denmark and Germany.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Lavrov presents new Nord Stream to Europe

The head of the Russian Foreign Ministry assures that the gas pipeline will increase the EU’s energy security.
The implementation of the Nord Stream-2 project will enhance the energy security in Europe, the Russian Foreign Minister Sergei Lavrov believes.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer