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According to a company presentation made for Investor Day, Gazprom’s Nord Stream 2 will supposedly be launched by the end of 2020. A similar time frame for the completion of the gas pipeline was mentioned in January by Russian President Vladimir Putin, who said that Nord Stream 2 would be operational by the end of 2020 or the start of
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They are expected in February or March 2020. The U.S. House of Representatives and the U.S. Senate are ready to adopt a new bill on sanctions against Nord Stream 2 if Russia completes kilometers of the pipeline. The sanctions will concern European investors participating in the Russian project and companies that will buy gas through the pipeline, Germany’s leading business
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After the U.S. imposed sanctions against companies building the Nord Stream 2 pipeline, Russia was left without capacities to complete the underwater pipeline that was going to be launched in 2020. Russian shipbuilders can construct pipe-laying ships that would complete the pipeline, but it would take from four to six years, according to Alexei Rakhmanov, president of Russia’s United Shipbuilding
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Moscow promises to respond to sanctions at no cost to itself The Russian Foreign Minister has promised that Moscow will respond to Washington’s sanctions against the North Stream-2 and Turkish Stream pipelines. This is reported by the media. According to Lavrov, Russia will respond to the sanctions of the United States, but so as not to inflict damage. “We will respond
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European Commission is currently analyzing the possible impact of U.S. sanctions on the European Union The EU, along with Germany, condemned US sanctions against companies laying the Russian Nord Stream 2 gas pipeline. It is reported by RFI. “The EU is opposed to the imposition of sanctions against EU companies conducting legitimate business,” said a spokesman for the European
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Nord Stream 2, which will run along the Baltic Sea floor, will enable Russia to bypass Ukraine and Poland to deliver gas. The group behind Nord Stream 2 said on Saturday it aimed to complete a pipeline to boost Russian gas supplies to Europe as soon as possible, after a major contractor suspended pipe-laying activities due to U.S. sanctions. A
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Trump has signed legislation that will impose sanctions on Russia’s Nord Stream 2 pipeline, but some analysts question whether it is too late to stop the project.
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Russia’s willingness to sign a long-term transit contract with Ukraine under European rules is largely related to the upcoming U.S. sanctions on the Nord Stream 2 gas pipeline, CEO of NJSC Naftogaz Ukrainy Andriy Kobolev has said. “Our counterparties have very serious concerns about the imposition of U.S. sanctions. I definitely know that lobbyists from Gazprom in the U.S. Senate
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The project was claimed to be completed by the end of this year, but works stumbled several months when the Danish Energy Agency has held over the decision on construction works in its territorial waters A Nord Stream 2 gas pipeline operating company, Gazprom-controlled Nord Stream 2 AG plans to finish construction of the pipe in spring, 2020, the Ukrainian online service
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Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Dmytro Kuleba said that the US sanctions against the Nord Stream 2 pipeline should be applied as soon as possible, reports Ukrinform news agency. According to him, not only Ukraine but also all of Europe is interested in stopping the construction of the pipeline. According to Kuleba, Nord Stream 2 pipeline
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Kobolyev said the next step would be the Senate vote next week. CEO of NJSC Naftogaz of Ukraine Andriy Kobolyev has said the House of Representatives of the U.S. Congress voted for the bill on the National Defense Authorization Act (NDAA) for 2020, which also provides for sanctions against companies that provide for the construction of the Nord Stream 2
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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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Gazprom’s new pipeline overcomes final hurdle with green light from Denmark. Denmark has granted permission for Gazprom’s Nord Stream 2 pipeline to be built through Danish waters. After months of delays, the Danish Energy Agency today announced it is finally giving its approval for the natural gas pipeline project that will transport Russian gas directly to Germany. Denmark was the
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16:41, 29 October 2019 The Republican Andrew Barr offers that the individuals involved in these actions face the entry ban in the U.S. US Congressman Andrew Barr (Republicans, Kentucky) introduced a bill, which offers new sanctions against the companies involved in the construction of the Nord Stream II pipeline. This is mentioned in the message of the congressman’s website. The official described
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Besides, Foreign Minister of Denmark Jeppe Kofod expressed support of the European integration course of Ukraine Foreign Minister of Denmark Jeppe Kofod expressed support of Kyiv position toward Nord Stream 2 and European integration during the meeting with Ukrainian colleague Vadym Prystaiko as Ukraine’s ministry reported. “The exchange of opinions took place on the construction of Nord Stream 2 gas
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The pipeline – which will double Germany’s imports of Russian gas – was more than 70 percent complete as of the beginning of August. U.S. Senator Ted Cruz has said that the United States still has the ability to halt construction of a planned pipeline to send Russian natural gas to Germany, even as the project nears completion. Russia has
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