Tag Archives: NORDSTREAM

The EU says it doesn’t need Nord Stream 2, but only Germany can block it | Instant News


BRUSSELS (Reuters) – The European Union does not need the Nord Stream 2 pipeline for its energy security but any decision to stop a project bringing Russian natural gas to Germany must come from Berlin, a senior European Commission official said on Tuesday.

FILE PHOTO: A worker is seen at the gas pipeline construction site Nord Stream 2, near the city of Kingisepp, Leningrad region, Russia, June 5, 2019. REUTERS / Anton Vaganov

The $ 11 billion pipeline project led by Russian state energy company Gazprom, whose completion is more than 90%, will double the capacity of an existing submarine pipeline passing through Ukraine and eliminate Kyiv’s transit costs.

The project pits Germany, the EU’s biggest economy, against central and eastern European countries that say it will increase the bloc’s dependence on Russian gas.

“For the EU as a whole, Nord Stream does not contribute to the security of supplies,” Ditte Juul Jorgensen, director general of the Commission’s energy department, told lawmakers on the European Parliament’s industry committee.

Investments over the past decade in other pipelines, liquefied natural gas import terminals and interconnectors in Europe have secured sufficient supplies to meet the bloc’s energy needs, he said.

Any decision to stop the project must be made by Germany, said Juul Jorgensen.

“Actually stopping development requires a decision at the national level. That is not a decision that can be taken at the European level, “he said.

Nord Stream 2 is facing increased scrutiny as European relations with Russia deteriorate over the treatment of Kremlin critic Alexei Navalny.

The European Parliament last month asked the European Union to stop building a pipeline in response to Navalny’s arrest.

On Monday, EU foreign ministers agreed to impose sanctions on four senior Russian officials close to President Vladimir Putin, in large part symbolic action on the issue.

Despite US sanctions on the pipeline, Berlin is sticking to Nord Stream 2, which it says is a commercial project.

(This story adds the dropped “official” word)

Reporting by Kate Abnett; Edited by Sonya Hepinstall

.



image source

Germany regrets the US decision to sanction Russian vessels involved in Nord Stream 2 | Instant News


BERLIN (Reuters) – The United States has informed Germany that it plans to impose sanctions on a Russian pipeline laying vessel involved in the construction of the Russia-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday.

FILE PHOTOS: A road sign directs traffic towards the entrance of the Nord Stream 2 gas line landing facility in Lubmin, Germany, 10 September 2020. REUTERS / Hannibal Hanschke / File Photo

“We record the announcement with regret,” said a spokesman for the Ministry of Economy in Berlin.

German business daily Handelsblatt previously reported US sanctions will take effect on Tuesday as part of the Act Against America’s Enemies Through Sanctions (CAATSA).

It said sanctions would be imposed on the Russian pipeline laying ship “Fortuna” and its owner, KVT-RUS.

Nord Stream 2, designed to double the capacity of the existing Nord Stream subsea gas pipeline, will pass through Ukraine, eliminating lucrative transit costs. The project has become a point of contention between Moscow and Washington, with the United States seeking to cut Europe’s dependence on Russian energy.

The group behind the pipeline suspended work in December 2019 due to threats of sanctions from Washington, even though the project was nearing completion.

Germany and European allies accuse Washington of using the newly introduced CAATSA sanctions regime to interfere with their foreign and energy policies.

According to Refinitiv ship tracking data, Fortuna is still anchored in the Baltic Sea near Rostock in northern Germany.

A spokesman for the US embassy in Berlin told Handelsblatt that Washington would continue to take “all necessary and appropriate steps” to prevent Nord Stream 2.

“Although we do not comment on future sanctions measures, we will continue to exchange ideas with allies and partners on potential sanctions issues,” the spokesman said.

The US government hopes Germany will reconsider its position on Nord Stream 2, he added.

The US State Department said it was not reviewing possible sanctions action and the Treasury Department did not immediately respond to a request for comment.

A German government spokesman told reporters earlier on Monday that Berlin’s view of the pipeline remains unchanged, namely that Nord Stream 2 is a private sector project.

Russia’s state-owned gas giant Gazprom is implementing the project together with Western partners Uniper, Wintershall, Engie, OMV and Shell.

US President-elect Joe Biden has opposed Nord Stream 2 in the past, but it is unclear if he can compromise on the issue after taking office on Wednesday.

Handelsblatt quoted a spokesperson for Nord Stream 2 as saying that it is up to the European Union and governments in the countries involved to protect the company from any sanctions.

Gazprom declined to comment and Nord Stream 2 could not immediately be reached for comment. KVT-RUS could not be reached for comment.

Reporting by Michael Nienaber; Additional reporting by Timothy Gardner in Washington and Vladimir Soldatkin in Moscow; Edited by Maria Sheahan, Peter Graff and Catherine Evans

.



image source

Russia’s Nord Stream 2 to continue piping in the German Exclusive Economic Zone | Instant News


FILE PHOTOS: A road sign directs traffic towards the entrance of the Nord Stream 2 gas line landing facility in Lubmin, Germany, September 10, 2020. REUTERS / Hannibal Hanschke / File Photo

Moscow (Reuters) – Russia’s Nord Stream 2 said on Saturday it plans to start laying pipelines in Germany’s Exclusive Economic Zone (EEZ) this year, confirming its intention to continue work on a Moscow-backed gas pipeline to stalled Europe.

It said the plan would lay a 2.6 kilometer (1.62 mile) section of each pipeline, adding that it would name a pipe laying vessel at a later date.

Reporting by Vladimir Soldatkin; written by Tom Balmforth; editing by David Evans

.



image source