PIPES FOR THE NORD STREAM
The consortium behind the Nord Stream 2 pipeline extension project has announced that it has chosen its final suppliers of steel pipes for the project's two planned lines. Each is to be capable of carrying 27.5bn m/yr, under the Baltic Sea to northern Germany.
The suppliers were chosen after a tender award. The tender covers 2,500 km of large-diameter pipes with a total weight of roughly 2.2mn metric tons. In an announcement on March 11, the consortium said that it had chosen three firms for the supply: Germany-based Europipe for 40% of the required steel pipes; Russia's United Metallurgical Company (OMK) for 33%; and Russian firm Chelyabinsk Pipe-Rolling Plant (Chelpipe)…
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U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.
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