2021-03-29 13:15:00
NORD STREAM 2 WILL BE FINISHED
GP&LNG - March 26, 2021 - The chairman of Russian gas producer Gazprom's board was cited by the TASS news agency as saying that construction of the Nord Stream 2 gas pipeline to Germany would be completed this year despite U.S. opposition to the project.
The United States said this week that sanctions against the pipeline were a real possibility. The project, led by Gazprom with its Western partners, aims to deliver Russian gas to Germany under the Baltic Sea.
Washington has said the pipeline would dangerously increase Moscow's regional clout. The pipeline would also bypass Ukraine, likely depriving it of lucrative transit revenues at a time when Kyiv is locked in a confrontation with Moscow.
On Friday, Viktor Zubkov, Gazprom's board chairman, said that work on Nord Stream 2 was already 90 to 92% complete, TASS reported.
"Work is under way actively, there's a very small amount left," Zubkov was quoted as saying. "Of course it will be finished this year, definitely. The lost time is a shame, but that's what happened."
U.S. Secretary of State Antony Blinken said on Wednesday he had told his German counterpart that sanctions against the Nord Stream 2 natural gas pipeline were a real possibility and there was "no ambiguity" in American opposition to its construction.
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Earlier:
2021, March, 24, 10:30:00
NORD STREAM 2 SANCTIONS FOREVER
“It has the potential to undermine the interests of Ukraine, Poland and a number of close partners and allies,” Blinken added, saying that a U.S. law required Washington to impose sanctions on companies participating in the Nord Stream 2 project.
2021, March, 17, 14:30:00
NORD STREAM 2 CONTINUATION
The consortium behind Nord Stream 2 has pushed ahead with construction despite growing political pressure.
2021, March, 5, 11:45:00
NORD STREAM 2: EXCEPT FOR SANCTIONS
Being able to use two pipelaying vessels will speed up work on completing Nord Stream 2, which before the Fortuna resumed work had around 150 km left to lay out of a total 2,460 km of the two-string pipeline.
2021, March, 1, 10:55:00
NORD STREAM 2 SANCTIONS FOR ALL
"The US has decided to put the Nord Stream 2 project in a broader geopolitical framework and is threatening all industries or parties involved in the project with sanctions," Wintershall Dea said.
2021, February, 24, 11:00:00
NORD STREAM 2: SUPPORTING GERMANY
Despite U.S. sanctions against the pipeline, Berlin has stood by Nord Stream 2, which it says is a commercial project.
2021, February, 24, 10:55:00
NORD STREAM 2 SANCTIONS ANEW
President Joe Biden believes the pipeline is a "bad deal" for Europe, his spokeswoman Jen Psaki has said, and many U.S. lawmakers are pushing for sanctions.
2021, February, 17, 15:50:00
NORD STREAM 2 SANCTIONS CONTINUED
Some 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but the threat of US sanctions against companies involved in laying the pipeline has led to long delays in its completion.
