Russia Sanctions
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, 25, 12:15:00
NORD STREAM 2 SANCTIONS: NOT ENOUGH
There had been calls for the Biden administration to intensify sanctions designations to include a wide range of companies involved in the construction of Nord Stream 2, including service companies, insurers and certification companies.
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.
2021, February, 10, 11:50:00
NORD STREAM 2: EASING OF SANCTIONS
Germany was willing to considerably increase its financial support for LNG infrastructure by up to Eur1 billion ($1.2 billion). In exchange, the US would allow the "unhindered construction and operation" of Nord Stream 2.
2021, February, 8, 12:50:00
GERMANY SUPPORTS NORD STREAM 2
Germany's position is that Nord Stream 2 is a commercial project. However, Merkel expanded on her description of the pipeline, which she said she discussed openly with Macron.
2021, February, 8, 12:45:00
NORD STREAM 2: U.S., GERMANY NEGOTIATION
Reports this week in the German press suggested the administration of new US President Joe Biden would be open to direct negotiations with Germany over the pipeline.
2021, February, 4, 16:25:00
NORD STREAM 2 SANCTIONS AGAIN
France's Engie is one of five European energy companies that have lent financial support to Nord Stream 2, which remains incomplete with some 150 km left to lay in Danish and German waters.
2021, January, 28, 12:55:00
NORD STREAM 2 SANCTIONS UNCHANGED
At a briefing, White House press secretary Jen Psaki said Biden "continues to believe that Nord Stream 2 is a bad deal for Europe."
2021, January, 26, 12:20:00
NORD STREAM GAS RECORD
Natural gas supplies to European consumers over the Nord Stream gas pipeline increased to record-breaking 59.2 bln cubic meters, Nord Stream AG, the pipeline operator, said.
2021, January, 26, 12:15:00
NORD STREAM 2 DESPITE SANCTIONS
The resumption of work in the Danish offshore Exclusive Economic Zone using the Fortuna comes despite US sanctions imposed Jan. 19 against both the vessel and its Russian owner, KVT-RUS.
2021, January, 22, 11:30:00
NORD STREAM 2: LEGITIMATE BUSINESS
However, Josep Borrell, the EU High Representative for Foreign Affairs, reiterated as recently as Jan. 18 that EU companies involved in the construction of the pipeline were conducting "legitimate business."
