Slava Ukraini !!
WASHINGTON, Sept 23 (Reuters) – The U.S. Senate Foreign Relations Committee scheduled a closed-door hearing on Sept. 29 to discuss Russia’s Nord Stream 2 natural gas pipeline, which several lawmakers say could harm allies in Eastern Europe. Amos Hochstein, senior adviser for energy security at the U.S. Department of State, will testify, according to the committee’s website. Both European and
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By Julianne Geiger As the cat-and-mouse game continues over Russian gas to Europe, Russian Gazprom has refused to allow more gas into Europe via Ukraine for October, sending prices soaring another 10 percent Monday. Russia’s move to keep flows to Europe at a minimum means the continent cannot store up ahead of the winter months. According to Bloomberg, European gas
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Ukraine and Poland vehemently oppose the project on the grounds that it is a national security threat, while Germany has steadfastly supported it.
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Russian gas giant Gazprom has received a new blow in the European gas market, which left the Russian company without a third of the capacity of its key pipeline to the EU. The European Court of Justice rejected Germany’s appeal and supported Poland’s position to limit Gazprom’s allowed capacity of the OPAL gas pipeline, which connects Nord Stream 1 with
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21 May, 2021 – Houston Keene | Fox News Sen. Portman says Biden’s decision ‘helps Russia while hurting Ukraine and our European Union allies’. Sen. Rob Portman, R-Ohio, slammed President Biden’s decision to remove the sanctions on the Russian company building the Nord Stream 2 pipeline, calling it a major boon for the Kremlin and a major bane for Ukraine. Portman, the co-chair of the Senate Ukraine
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The U.S. will continue to sanction ships involved in the building of Nord Stream 2 even though it refuses to sanction the company in charge of the project.
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Threats of sanctions from Washington against the Nord Stream 2 project are nothing more than attempts to oust Russia out of the European gas market usig non-market instruments, stated the head of Gazprom Export (Gazprom’s subsidiary) Elena Burmistrova, speaking at the Flame online conference. “Unfortunately, there is an additional threat that is increasingly affecting our cooperation – a political confrontation
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Germany has multiple options if it decides to try and halt the project, but they carry costs Germany has long argued that the 1,230-kilometer pipeline that is supposed to send an extra 55 billion cubic meters of Russian gas a year under the Baltic Sea is a commercial venture, not a political one. That position is increasingly under strain in
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U.S. Secretary of State Mike Pompeo on Wednesday threatened new sanctions to stop the Nord Stream 2 gas pipeline that Russia is building to Germany. “Our expectation is that those who participate in the continued project will be subject to review for potential consequences,” Pompeo told a news conference. President Donald Trump last year signed legislation from Congress that targets contractors
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19:57, 26 June 2020 – UNIAN This new legislation follows last year’s successful passage of PEESA in the annual U.S. defense budget bill. U.S. House Representatives Adam Kinzinger (R-IL), Denny Heck (D-WA), Mike Turner (R-OH), and Ruben Gallego (D-AZ) on June 25 filed a bipartisan House companion bill of the U.S. Senate’s Protecting Europe’s Energy Security Clarification Act. “[The document]
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Russian gas giant Gazprom will reimburse Poland’s PGNiG to the tune of $1.5 billion by July 1 for overcharging it for its supplies for years, the Polish company said on Monday following a court battle. On March 30, state-owned PGNiG won a case against Gazprom over its long-term contract for gas imports at an international arbitration tribunal in Stockholm. The
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17:59, 8 June 2020 – 112 UA German politician is criticized for his work in Russian companies. Former Chancellor of Germany Gerhard Schroeder re-elected Chairman of the Board of Directors of the Rosneft Russian oil and gas company. Schroeder was re-elected at the annual meeting of shareholders, the press service of Rosneft said. As you know, Gerhard Schroeder has been heading the
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The global crisis, the deterioration of the system, American intervention, the Ukrainian footprint and the European demarche are the elements that destroy Gazprom and Rosneft, the two largest state monopolies of the Russian economy . The two pillars on which the crown of the Russian empire hangs cracked. Losses of Rosneft , the Kremlin’s gold mine, in the first quarter of 2020 reached $ 2.2
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Supplies of Russian Gas to Germany via Poland using the Yamal-Europe pipeline have been halted, reported Interfax with reference to the data of the German gas transport operator GASCADE Gastransport GmbH. At 08:00-09:00 am Tuesday, the volume of the gas intake at Malnov station on the Polish-German border fell to zero. The day before, the transit of gas was at
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23:50, 08 April 2020 The Ukrainian side has not imposed any restrictions. Russian gas monopoly Gazprom has not allowed a number of European companies to receive gas at the Ukraine-Russia border for its subsequent delivery to Europe via Ukraine. That’s according to the press service of the state-owned Gas Transmission System Operator of Ukraine, citing CEO Serhiy Makogon. A number
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A subsidiary of Gazprom said that it had received the Stockholm arbitration ruling and was analyzing it. Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden. Polskie Gornictwo Naftowe i Gazownictwo (PGNiG), itself a Polish state-owned company, said in a
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16:10, 15 March 2020 With interest, Naftogaz’s claims against Russia amount to $8 billion. National Joint-Stock Company Naftogaz of Ukraine and six companies that are part of Naftogaz Group are awaiting hearings in May on the amount of compensation for losses as part of the arbitration process launched against Russia regarding the seizure of the company’s assets in Crimea. That’s
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January 29, 2020 06:41 GMT Russia’s state-owned Gazprom has said it will complete the Nord Stream 2 gas pipeline project under the Baltic Sea on its own without the help of foreign companies. “The Nord Stream 2 project, which is already 94 percent complete, will be finished by the Russian side,” Gazprom deputy head Yelena Burmistrova reportedly told the European
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By Andrew RettmanBrussels, Today, 09:17 Russia must pay Ukraine $2.6bn [€2.4bn] in a long-running gas dispute, a Swedish court has said, in a ruling that could lead to a repeat of the 2009 winter gas crisis in the EU. The Svea County Court of Appeal in Sweden issued its verdict on Wednesday (27 November), after Russian gas supplier Gazprom had
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Gazprom has appealed against Arbitration Court’s Decision on Fuel Supply Contracts to Ukraine “Naftogaz” wins appeal against “Gasprom” in Stockholm Arbitration. Yuriy Vitrenko, the executive director of NJSC “Naftogaz of Ukraine”, announced this on his Facebook page. Gazprom has appealed against Arbitration Court’s Decision on Fuel Supply Contracts to Ukraine. “Complete victory! Ukraine wins again! We have won the appeal
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12:59, 24 November 2019 The text of the sanctions provision has not been made public. Sanctions on companies involved in the Nord Stream 2 pipeline have been added to the draft 2020 National Defense Authorization Act, Senate Foreign Relations Committee Chairman Jim Risch told Defense News on the sidelines of the Halifax International Security Forum. The inclusion of the sanctions
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The Russian state-controlled energy company Gazprom wants to be known in Europe as a serious business partner capable of providing a stable supply of gas. But back home in Russia, the gas giant plays a different role. Here, Gazprom owns the nationwide network NTV, which conducts systematic media attacks on diplomats representing the European countries, alongside Russian civil society activists.
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16:16, 29 October 2019 Earlier the trilateral gas talks between Ukraine, Russia and EU on new gas transit contract took place Dmitry Peskov, the Spokesperson of Russian President Vladimir Putin stated that Ukraine should exclude judicial claims from the agenda to reach the agreements on gas transit as TASS reported. “The positions of Russia yesterday (during the trilateral consultations of Russia, EU and Ukraine,
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23:49, 18 October 2019 The explanatory note reads the bill is necessary to reform Ukraine’s natural gas and electricity market in order to ensure its liberalization, efficiency, transparency and further integration with the European Union market. The Verkhovna Rada, Ukraine’s parliament, on Friday adopted in the first reading bill No. 2239-1 on the unbundling of the Naftogaz of Ukraine. The
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Monday, September 16, 2019 2:00:31 PM Following the declining demand for Russian gas in Europe, plummeting spot prices at gas hubs and a whopping cash gap in the budget, the Russian gas monopoly Gazprom has resorted to selling gas to itself, finanz.ru reports. In the first half of the year, the company’s gas exports to Europe fell by 8.9%. In the first
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