"Nord Stream" News

Europe Missing Out on Gas with Nord Stream 2 Delay, Russia says

Dec 24, 2021

Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signaled on Friday.Deputy Prime Minister Alexander Novak said European companies that invested in the project…

Interfax: Nord Stream 2 Gas Pipeline to be Filled by Year-end

Dec 23, 2021

Russia's Gazprom will complete the filling of the Nord Stream 2 gas pipeline by the end of this year, Chief Executive Alexei Miller said on Thursday, according to the Interfax news agency.The first of the two lines of the pipeline, which runs from Russia to Germany…

U.S. Officials: Nord Stream 2 Pipeline to be Shut Down if Russia Invades Ukraine

Dec 08, 2021

U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.The White House said…

BASF Presses for Wintershall Dea IPO in Dispute with Co-owner

Jan 31, 2022

BASF remains committed to a sale of its stake in oil and gas business Wintershall Dea AG on the stock market, it said on Monday, despite co-owner LetterOne opposing an initial public offering (IPO) in the short term.The disagreement between…

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Dec 03, 2021

Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…

Report: Germany's Nord Stream 2 Move May Delay Start-up to March

Nov 17, 2021

A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline could delay commissioning of the infrastructure to March 2022, government sources told Reuters.'I expect that the start of Nord Stream 2 could be delayed until March 2022…

Germany Working with U.S. on Nord Stream 2 Pipeline Deal

Nov 29, 2021

Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U…

Polish PGNiG Says Nord Stream 2 Pipeline Would Increase Risks for EU Gas Supplies

Oct 21, 2021

The Nord Stream 2 pipeline will increase threats to the security of gas supplies to the European Union, Polish gas giant PGNiG said in a submission as part of the certification procedure for the pipeline's operator.Poland, which has taken steps to reduce its reliance on Russian gas supplies…

Gazprom's Nord Stream 2 Can Challenge EU Rules, Court Adviser Says

Oct 06, 2021

Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.Russia's Gazprom owns operator Nord Stream 2 and…

Nord Stream 2 Pipeline Suspension Could be Short-lived

Nov 22, 2021

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said on Monday after meeting officials of Russian state gas giant Gazprom.Last week…

Legal Background Behind New Nord Stream 2 License Demand

Nov 19, 2021

Germany's energy regulator has temporarily halted the certification process for the Nord Stream 2 gas pipeline, requiring the Swiss-based, Gazprom-led consortium behind the infrastructure to form a German subsidiary to secure a licence.Following…

Germany Suspends Nord Stream 2 Certification, Sets Demands

Nov 16, 2021

Germany's energy regulator said on Tuesday it had suspended the certification process for the Nord Stream 2 pipeline to pump Russian gas and said the Swiss-based consortium needed to form a company under German law to secure an operating licence…

TIMELINE- Nord Stream 2: Gazprom's Legal Battle to Boost Gas Supplies to Germany

Oct 05, 2021

Russia's Gazprom said on Tuesday it has appealed a court decision that confirmed the Nord Stream 2 gas pipeline will be subject to European Union rules that require the owners of pipelines be different from the gas suppliers.Gazprom says the rules…

U.S. Republicans in Push to Sanction Nord Stream 2 Gas Pipeline

Nov 09, 2021

A group of U.S. Senate Republicans said on Monday they had introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe…

Uniper CFO: Nord Stream 2 Completion Not Cure-all for Gas Market Woes

Nov 08, 2021

The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…

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