Tag: Nord Stream 2

France back EU stance on Nord Stream 2

France back EU stance on Nord Stream 2

Efforts from Brussels to regulate the Russian led Nord Stream 2 gas project have been bolstered by support from the French for proposed EU energy rules on the pipeline, despite German opposition. Although the proposal does not have the leverage to stop the pipeline, it could restructure the operation and […]

US warns German companies over Nord Stream 2 involvement

US warns German companies over Nord Stream 2 involvement

The US has warned German stakeholders in the Russian-led Nord Stream 2 pipeline that sanctions could be imposed on them if they continue their involvement in the project. US President Donald Trump has described Germany as being a “captive” of Russia as a result of its reliance on Moscow’s energy […]

European Parliament votes to block Nord Stream 2

European Parliament votes to block Nord Stream 2

Shares in Russia’s gas producer Gazprom plummeted last week after the European Parliament voted to condemn the Nord Stream 2 pipeline that is planned to deliver gas from Russia to Germany. The company’s shares opening down 1.6pc in Moscow following the motion that described the pipeline as “a political project […]

Trump touts US energy at UN assembly

Trump touts US energy at UN assembly

US President Donald Trump has used his speech at the UN General Assembly to promote America’s booming energy sector, while riling international relations. During his presidency, Trump has followed through with his campaign pledge of achieving energy dominance, having made the US the world’s largest energy exporter. “We’ve become the […]

Merkel in search for Russian gas alternatives

Merkel in search for Russian gas alternatives

German Chancellor Angela Merkel is to visit Azerbaijan in the hopes of boosting supplies of Caspian gas to Europe following increased pressure from the US over the Nord Stream 2 project that will supply the continent with Russian gas. One senior official said there is interest to develop the “southern […]

Merkel to discuss Nord Stream 2 with Putin

Merkel to discuss Nord Stream 2 with Putin

German Chancellor Angela Merkel’s spokesman Steffen Seibert has confirmed the leader will meet with Russian President on Saturday 18th August to discuss the Nord Stream 2 natural gas pipeline, amongst other things. The meeting will take place at Merkel’s residence to the north of Berlin, where the two will discuss […]

US to compete with Russia for European gas market

US to compete with Russia for European gas market

US President Donald Trump has announced that the US will compete with Russia to supply gas to the European gas market, as he eased his stance on Nord Stream 2 following the recent Helsinki summit where Trump and his Russian counterpart held one on one discussions. “We are going to […]

Trump calls out Germany over Nord Stream 2

Trump calls out Germany over Nord Stream 2

US President Donald Trump has launched a public attack on the EU, describing the bloc of a “foe”, and used the opportunity to express his concerns over the Nord Stream 2 project, ahead of his meeting with Russian President Vladimir Putin. During an interview with CBS News, Trump was asked […]