Nord Stream-2

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Canada to continue repairing Nord Stream turbines

Canada to continue repairing Nord Stream turbines

One of turbines for the Nord Stream gas pipeline stuck in Montreal due to sanctions against Gazprom is now on its way to Europe and five more will be delivered to Canada within two years, for maintenance, The Globe and Mail newspaper said on …

Nord Stream gas pipeline closes for 10 days of maintenance

Nord Stream gas pipeline closes for 10 days of maintenance

Russian gas deliveries through the Nord Stream pipeline, the country’s main export route to Europe, will be temporarily halted until July 21 for scheduled annual maintenance on Monday morning. Russian natural gas will therefore …

Both strings of Nord Stream to be shut down for repairs

Both strings of Nord Stream to be shut down for repairs

Both lines of the Nord Stream gas pipeline will be shut down for annual scheduled maintenance from July 11 to 21, Nord Stream AG, the gas pipeline operator, said on Friday. "From 11 to 21 July 2022, Nord Stream AG will temporarily …

Germany eyes nationalizing section of Nord Stream 2

Germany eyes nationalizing section of Nord Stream 2

The German Ministry for Economic Affairs and Climate Protection is studying plans to nationalize the German section of the Nord Stream 2 pipeline and connect it to a floating terminal for receiving liquefied natural gas, Spiegel reported on …

Russia to stop Nord Stream pipeline?

Russia to stop Nord Stream pipeline?

The pipeline, which supplies a significant proportion of the natural gas imported by Germany, reduced its output to just 60% after its operator failed to receive one of the turbines that pump the gas from maintenance in Canada due to anti-Russia …

Alexander Novak: we interested in North-South corridor

Alexander Novak: we interested in North-South corridor

The North-South transport corridor can become a key to the development of economic cooperation between Russia and Iran, Russian Deputy Prime Minister Alexander Novak said on Wednesday during the Iranian-Russian trade forum. …

Swiss court suspends bankruptcy of Nord Stream 2 AG

Swiss court suspends bankruptcy of Nord Stream 2 AG

The bankruptcy procedure for Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline, has been suspended until September 2022, the company said on the website of the Swiss Official Gazette of Commerce. According to the …

Nord Stream 2 AG to apply for bankruptcy shortly

Nord Stream 2 AG to apply for bankruptcy shortly

Nord Stream 2 AG is going to file a bankruptcy petition in coming days, Stuttgarter Zeitung newspaper reported, citing managing director of the company Matthias Warnig. Nord Stream 2 AG will apply "in coming days" to the court …

Gas prices in Europe set new price record surpassing $3,600

Gas prices in Europe set new price record surpassing $3,600

The price of gas on the stock exchange in Europe for the fourth trading day in a row breaks records, surpassing $3,600 per 1,000 cubic meters on Monday, according to London’s ICE. In general, the price of gas has been growing by more than …

Scholz: it was the right time to halt Nord Stream 2

Scholz: it was the right time to halt Nord Stream 2

The halt of the Nord Stream 2 gas pipeline, which was supposed to bring additional gas from Russia to Germany, came at exactly the right time, German Chancellor Olaf Scholz said on Thursday. Germany, which gets half its gas from Russia, …

Nord Stream 2 AG does not confirm reports of bankruptcy

Nord Stream 2 AG does not confirm reports of bankruptcy

The company, which was supposed to operate the pipeline capable of pumping 55 million cubic metres of gas from Russia to Germany, only fired all of its personnel due to sanctions slapped on it. The project was put on ice by German …

Sources: Nord Stream 2 AG prepares for bankruptcy

Sources: Nord Stream 2 AG prepares for bankruptcy

Nord Stream 2 AG, the operator of the Russian Nord Stream 2 gas pipeline project, may file for bankruptcy, Reuters reports citing sources. Nord Stream 2 AG was included in the US sanctions list before the start of Russia's …

Shell exits Nord Stream 2

Shell exits Nord Stream 2

Oil and gas concern Shell will not participate in the Nord Stream 2 project, the company announced. "The Board of Shell plc ("Shell") today announced its intention to exit its joint ventures with Gazprom and related …

U.S. sanctions Nord Stream 2 AG

U.S. sanctions Nord Stream 2 AG

The US Department of the Treasury announced sanctions against Swiss-based Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline project, and its executive director Matthias Warnig. Sanctions are introduced on the basis of the …

Germany's Nord Stream move adds to Europe's fuel price crunch

Germany's Nord Stream move adds to Europe's fuel price crunch

The project, which is known as Nord Stream 2 and would ship natural gas from Russia to Germany, has been a point of contention with the U.S., which had previously waived sanctions on the project even as officials worried it would increase Europe’s dependence on Russia, which is already a major natural gas supplier for the continent

Germany can completely block Nord Stream 2

Germany can completely block Nord Stream 2

German Economic Minister Robert Habeck said the Nord Stream 2 Baltic Sea gas pipeline project can be completely stopped. "This can also happen. It’s not a sanction in the classic sense. I say explicitly that this …

US supports German suspension of Nord Stream-2

US supports German suspension of Nord Stream-2

The United States welcomes Germany's decision to suspend certification of the Nord Stream 2 gas pipeline in response to Russia's recognition of the Donetsk and Luhansk People's Republics (DPR and LPR), White House Press Secretary …