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2018-10-05 12:10:00

CONSTRUCTION OF NORD STREAM 2

СТРОИТЕЛЬСТВО

GAZPROMA working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Pekka Lundmark, President and CEO of Fortum, took place today at the 8th St. Petersburg International Gas Forum.

The parties discussed the ongoing and future cooperation, focusing on, inter alia, the status of joint efforts in the power sector.

Attention was also paid to the Nord Stream 2 project. Alexey Miller and Pekka Lundmark discussed the ongoing construction of the gas pipeline, stressing the project's importance and timeliness in terms of the stability of gas supplies to European consumers in the long term.

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Background

The 8th St. Petersburg International Gas Forum is being held as part of the Russian Energy Week International Forum.

Fortum is a Finnish energy concern that owns 29.5 per cent of TGC-1 (part of the Gazprom Energoholding Group). In 2018, Fortum acquired a 47.35 per cent stake in Uniper SE (including a 47.12 per cent stake in the share of E.ON).

Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea.

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Earlier:

 СОТРУДНИЧЕСТВО ГАЗПРОМА И СЕРБИИ
2018, October, 4, 14:30:00

GAZPROM - SERBIA COOPERATION

GAZPROM - The parties pointed to the high efficiency of the bilateral cooperation in the gas industry, emphasizing, inter alia, the reliability of gas supplies, the amount of which had increased by 41 per cent from 2014 to 2017. In the first nine months of 2018, Gazprom had exported 1.5 billion cubic meters of gas to Serbia, a 2.9 per cent rise against the same period of 2017.

 NORD STREAM 2 FUNDING
2018, October, 1, 11:15:00

NORD STREAM 2 FUNDING

PLATTS - Russia's Gazprom and five European energy companies are committed to fully financing Russia's 55 Bcm/year Nord Stream 2 natural gas link to Germany if no external financing is raised

 

 ГАЗПРОМ ДЛЯ АВСТРИИ: +34.5%
2018, September, 26, 09:30:00

GAZPROM FOR AUSTRIA: +34.5%

GAZPROM - The parties discussed strategic cooperation, focusing on Russian gas exports. It was noted that, according to estimates, in the period from January 1 through September 23, 2018, Gazprom had delivered 7.8 billion cubic meters of gas to Austria, an increase of 34.5 per cent from the same period of last year.

 ГАЗПРОМ ДЛЯ ВЕНГРИИ: + 8.6%
2018, September, 19, 13:51:00

GAZPROM FOR HUNGARY: +8.6%

GAZPROM - Gazprom had supplied Hungary with 5.4 billion cubic meters of gas from January 1 to September 15, 2018, an 8.6 per cent rise from the same period of 2017.

 СОТРУДНИЧЕСТВО ГАЗПРОМА И CNPC
2018, September, 13, 13:55:00

GAZPROM - CNPC COOPERATION

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place at the 4th Eastern Economic Forum in Vladivostok.

 СЕВЕРНЫЙ ПОТОК - 2 СТАРТОВАЛ В ФИНЛЯНДИИ
2018, September, 7, 12:33:00

NORD STREAM-2 STARTS IN FINLAND

GAZPROM - The offshore pipelay vessel Solitaire started the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland.

 РУССКИЙ ГАЗ ДЛЯ ЕВРОПЫ
2018, August, 13, 13:50:00

RUSSIAN GAS FOR EUROPE

PLATTS - Russian state-owned gas producer and transporter Gazprom filed a complaint with the WTO about the legislation in April 2014, arguing Russian infrastructure was being treated unfairly. Since then, constraints on access to OPAL have been lifted, resulting in flows via Nord Stream increasing to full capacity of 155 million cu m/day. The decision is therefore not expected to be market moving.

 

 

Tags: RUSSIA, GAZPROM, GAS, NORD STREAM 2, FINLAND, FORUM

Chronicle:

СТРОИТЕЛЬСТВО «СЕВЕРНОГО ПОТОКА - 2»
2018, December, 14, 08:55:00

GERMANY'S RENEWABLE: 38%

PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.

СТРОИТЕЛЬСТВО «СЕВЕРНОГО ПОТОКА - 2»
2018, December, 14, 08:50:00

EBRD DECARBONISATION STRATEGY

EBRD - the Bank will no longer finance thermal coal mining or coal-fired electricity generation. The Bank will also stop funding any upstream oil exploration, and will not finance upstream oil development projects except in rare and exceptional circumstances, where such investments reduce greenhouse gas emissions.

СТРОИТЕЛЬСТВО «СЕВЕРНОГО ПОТОКА - 2»
2018, December, 14, 08:45:00

MALAYSIA'S GDP UP BY 4.7%

IMF - The Malaysian economy has shown resilience. Real GDP growth is projected at 4.7 percent for 2018, underpinned by domestic demand.

СТРОИТЕЛЬСТВО «СЕВЕРНОГО ПОТОКА - 2»
2018, December, 14, 08:40:00

BOLIVIA'S GDP UP BY 4.5%

IMF - Bolivia's real GDP growth is projected at 4.5 percent in 2018, one of the highest rates in the region. Growth is supported by continued accommodative policies, a second economy-wide wage bonus, and strong agriculture output.

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