Nord Stream-2

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 …

Germany halts Nord Stream 2 approval

Germany halts Nord Stream 2 approval

German Chancellor Olaf Scholz said Tuesday that Germany has taken steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia. He told reporters in Berlin that his government was taking the measure …

EU may close "Nord Stream-2"

EU may close "Nord Stream-2"

the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell, said that in case of escalation in Ukraine, the "Nord Stream-2" project would be closed for a while. …

Le Maire: Nord Stream 2 "key issue" in talks Ukraine crisis

Le Maire: Nord Stream 2 "key issue" in talks Ukraine crisis

The issue of the Nord Stream 2 gas pipeline, directly linking Russia to Germany, is one of the key topics in talks aimed at easing the crisis with Russia on Ukraine, French Finance Minister Bruno Le Maire told France Inter radio on Tuesday. …

Biden pledges end to Nord Stream 2 if Russia invades Ukraine

Biden pledges end to Nord Stream 2 if Russia invades Ukraine

U.S. President Joe Biden said on Monday that the Nord Stream 2 gas pipeline would be halted if Russia invades Ukraine and stressed unity with German Chancellor Olaf Scholz as the West rallies to avert a war in Europe. At a White House …

Supplies via Nord Stream 2 remain at record in 2021

Supplies via Nord Stream 2 remain at record in 2021

Gas supplies via the Nord Stream gas pipeline in 2021 remained at the record level of 2020 of 59.2 bln cubic meters, the operator of the project, Nord Stream AG, said in a statement. "In 2021, 59.2 billion cubic meters of natural …