infrastructure

page 3

German and Swiss companies withdraw from Nord Stream 2 project

German and Swiss companies withdraw from Nord Stream 2 project

German company Bilfinger SE decided to not to participate in the implementation of the Nord Stream 2 project due to the threat of U.S. sanctions, the Bild tabloid reported on Tuesday with reference to the company's letter. Earlier, …

U.S. to slap sanctions against Nord Stream 2 pipe-layer Fortuna

U.S. to slap sanctions against Nord Stream 2 pipe-layer Fortuna

The U.S. government intends to introduce sanctions against the Fortuna vessel involved in the construction of the Nord Stream 2 pipeline and KVT-Rus company, her owner, Handelsblatt newspaper reported on Monday, citing its sources. The …

Germany to discuss creation of  foundation for Nord Stream-2

Germany to discuss creation of foundation for Nord Stream-2

The German state of Mecklenburg-Vorpommern plans to set up a foundation to facilitate the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last …

Trump to drive a stake through Nord Stream 2 project heart?

Trump to drive a stake through Nord Stream 2 project heart?

The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on Russia's project in coming weeks, senior Trump administration …

U.S. senator believes Nord Stream 2 to be stopped

U.S. senator believes Nord Stream 2 to be stopped

U.S. Senator Ted Cruz has expressed confidence that new U.S. sanctions will prevent the completion of a controversial Russian natural gas pipeline to Europe. "This project, I believe, will never deliver gas," Cruz told an …

Naftogaz thanks US for threats against Nord Stream 2

Naftogaz thanks US for threats against Nord Stream 2

The Ukrainian company ‘Naftogaz’ thanked the US senators for the threats against the Fahrhafen Sassnitz GmbH company, which operates the port of Mukran in the German city of Sassnitz. "We thank the senators for their …

Poland fines Gazprom $57 million over Nord Stream 2

Poland fines Gazprom $57 million over Nord Stream 2

Poland’s anti-monopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project. Poland sees Nord Stream …

Gazprom International Projects given stake in Nord Stream AG

Gazprom International Projects given stake in Nord Stream AG

Russian gas giant Gazprom has given its 51% interest in Nord Stream AG, the operator of the Nord Stream gas pipeline to affiliate Gazprom International Projects, the company said in a statement on Thursday. The affiliate was …

Nord Stream 2 analyzes consequences of expanding U.S. sanctions

Nord Stream 2 analyzes consequences of expanding U.S. sanctions

The operator of the Nord Stream 2 gas pipeline is analyzing the possible consequences for the project if the bill that expands sanctions on the pipeline comes into force. Neglecting interests of European consumers, who will be forced to pay more …

Germany refuses to exempt Nord Stream-2 from EU Directive

Germany refuses to exempt Nord Stream-2 from EU Directive

Germany's Federal Network Agency refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said. "The Bundesnetzagentur has today rejected the application of …