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    Gazprom expects Denmark to approve Nord Stream 2 route in October

    MOSCOW (Reuters) – Russian gas producer Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, RIA news agency cited Gazprom’s Chairman Viktor Zubkov as saying on Thursday. Gazprom hopes to finish the gas pipeline project to Germany by the end of this year, but it has had delays in obtaining permits from Denmark. “I think they should give approval sometime in October and then we complete this very important project at the end of the year,” Zubkov was quoted as saying. The above article appeared on the Reuters news website. 

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    Not Only Geopolitics: U.S. Threatens Sanctions Over Russian Nord Stream 2 Project

    If Republicans and Democrats from the Trump administration and the U.S. Congress, which stand on different sides of the political barricade, can unite their forces, they may speak with one voice when criticizing Gazprom’s Nord Stream 2 energy pipeline project. In May, bipartisan efforts were made to intensify work on sanctions targeted at entities involved in building the Nord Stream 2 gas pipeline running from Russia to Germany while U.S. Energy Secretary Rick Perry declared in Brussels and Kiev that introducing a restrictions package is just a matter of time. Continue reading the article on the Warsaw Institute news website.

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    Schroeder says U.S. pressure on Denmark main reason for Nord Stream 2 delay

    U.S. political pressure on Denmark is the main reason for delays on construction of the Nord Stream 2 gas pipeline to Europe, project chairman Gerhard Schroeder said on Friday. The project has come under fire from the United States and several eastern European, Nordic and Baltic Sea countries, which fear that it will increase the European Union’s reliance on Russian gas, as reported by Reuters. Former German chancellor Schroeder argued that U.S. gas is more expensive than Russian gas and would be a bad choice for Europe, adding that looming elections in Denmark offer hope that Nord Stream 2 will be finished on time. Continue reading the article on the…

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    Professor: The Nord Stream 2-pin is passed on to a new government

    CHRONICLE: The current Danish government, unlike Sweden and Finland, hesitated to approve Nord Stream 2 through Danish waters. The decision on the route has now been postponed to the general election. This leaves the problem to a new government, writes Bent Ole Gram Mortensen. By Bent Ole Gram Mortensen  Professor of Environmental and Energy Law at the University of Southern Denmark, Deputy Chairman of the Energy Complaints Board and consultant for lawyers in relation to Nord Stream 2 As previously described here at Altinget, two applications have been submitted for the establishment of a further German-Russian gas pipeline – Nord Stream 2 – through the Baltic Sea via a route through Danish…

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    US Congress eyes sanctions on Russia’s Nord Stream 2 pipeline

    Rick Perry, the US energy secretary, on Tuesday said he expected Congress to pass a measure that would impose sanctions on Russia’s controversial Nord Stream 2 gas pipeline to Germany, a project that critics say could be used by the Kremlin as a political weapon. “The opposition to Nord Stream 2 is still very much alive and well in the United States,” Mr Perry said in Kiev, where he was attending the inauguration of Ukrainian president Volodymyr Zelensky. Mr Perry said the Senate and House would pass a bill that Mr Trump would approve. “It is going to go to the president and he is going to sign it,” the…

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    Sanctions bill on Nord Stream 2 coming soon: U.S. energy secretary

    KIEV (Reuters) – United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant future”. The Nord Stream 2 gas pipeline project has come under fire from the United States and several eastern European, Nordic and Baltic Sea countries which fear it will increase the European Union’s reliance on Russian gas. Continue reading the article on the Reuters news website.

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    Nord Stream 2 is delayed. It is confirmed by the documents

    The start of Nord Stream 2 operation will be delayed at least to the second half of 2020. It is official, just take a look at the documents – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl. On May 15th, the Danish Energy Agency published environmental records for the third variant of Nord Stream 2 route. The pipeline from Russia to Germany via the Baltic Sea is already being built, but not all permissions have been received yet. Denmark has not yet decided whether and what application to consent to. It already received two, now it demands the third one. It was possible thanks to ending the territorial dispute between Poland and…

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    U.S. Senate Threatens Sanctions Over Russian Pipeline

    Washington and Berlin face off again over Nord Stream 2 as European ships are targeted. In the latest uptick of trans-Atlantic tensions, European ships involved in the construction of a controversial gas pipeline from Russia to Germany could be subject to U.S. sanctions under a new bipartisan bill that will be introduced in the U.S. Senate as early as Monday. The bill, sponsored by Sens. Ted Cruz, a Republican, and Jeanne Shaheen, a Democrat, would sanction companies involved in laying deep-sea pipelines for Russian energy projects, taking direct aim at the Nord Stream 2 pipeline, which has emerged as a major source of tension between the United States and Germany. Foreign…

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    Nord Stream 2: What Berlin thinks about halting construction

    Manfred Weber, a candidate for the office of president of the European Commission, is speaking out against the planned Nord Stream 2 gas pipeline. What is the German government’s response? German politician Manfred Weber, currently the parliamentary leader of the European People’s Party (EPP), is hoping to succeed Jean-Claude Juncker after the European Parliament elections from May 23-26. At the beginning of the week he had announced that, as head of the European Commission, he would block the Nord Stream 2 pipeline. The project was not in the European Union’s interest, Weber told the Polish newspaper Polska Times, saying the pipeline could increase the bloc’s dependence on Russian gas. Continue reading the article on the…

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    Gazprom is threatening Denmark with a late payment on the authorization of Nord Stream 2

    The Russian daily “Kommersant” reported on Monday that the Gazprom group is preparing a base for legal action against Denmark, whose authorities – in his view – procrastinate in a manner unjustified with the process of issuing a permit to set up the Nord Stream 2 gas pipeline. “Gazprom threatens Denmark with a lawsuit for delay in issuing permits” – said Kommersant. Relying on legal sources, the daily argues that Gazprom has little chance of a quick victory, while according to experts the threat of a lawsuit may put pressure on Denmark. Gazprom’s representative Dmitry Chandoga said on Monday at a media conference that the company believes that “there is still…

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    EU Gas Directive Approval Could Delay Russian-Led Nord Stream 2 Pipeline

    The EU Council approved a European gas directive on April 15 that is expected to delay commissioning of the Nord Stream 2 gas pipeline – and potentially leave it half empty. By extending EU rules to non-EU pipelines — particularly those outside EU territory —  the directive will force Gazprom to “unbundle” or hand over operation of the line to a company independent of Russia’s state gas producer. However, Gazprom maintains a jealously guarded monopoly over gas exports from Russia and will be very reluctant to share the right to export with anyone. Currently, the only other entity allowed to export gas is privately owned Novatek, which is limited to…

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    Nord Stream 2 threatens to take EU to court over gas rules

    The company behind the Nord Stream 2 gas pipeline is threatening to sue the EU if it’s not allowed to avoid new regulations that it says endanger the billions of euros that have been invested in the project. In a letter obtained by POLITICO, Nord Stream 2 CEO Matthias Warnig wrote to European Commission President Jean-Claude Juncker that if the pipeline is not eligible for a derogation from the new rules, “the measure would be discriminatory against [Nord Stream 2] as an investor” and the EU may be breaking an international treaty. The EU’s Gas Directive was revamped earlier this year and extends the bloc’s gas liberalization rules to cover new offshore gas…

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    Nord Stream 2: A failed test for EU unity and trans-Atlantic coordination

    From its inception, the construction of the Nord Stream 2 pipeline has triggered a controversial debate in the European Union and the United States. Sponsored by the Russian Gazprom (which is the sole shareholder), the German Wintershall and Uniper, the French ENGIE, the Austrian OMV, and Royal Dutch Shell, the Nord Stream 2 is expected to extend and double Nord Stream 1’s existing capacity, transporting Russian gas directly to Germany via the Baltic Sea. While the EU Council has just establishedthat pipelines with third countries must comply with EU gas rules, it remains unclear how this will impact Nord Stream 2––specifically, whether the pipeline will get an exemption or if its…

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    Germany’s Social Democrats defend Nord Stream 2

    The Social Democratic Party (SPD) Parliamentary Group has published its official position on the Nord Stream 2 pipeline (NS2). The document outlines the party’s strategy on NS2 in the project’s final stage and future activation. Based on the assumption that NS2 is close to completion, the SPD intends to stabilise Germany’s central position as a hub for Russian gas in Europe. At the same time, the Social Democrats want to strengthen their message that NS2 will benefit the EU gas market, including by expanding the circle of those who will gain from the investment. The SPD’s consolidated position is principally intended to ensure that the party presents a consistent line…

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    Patostream with Nord Stream 2 By

    By Wojciech Jakóbik Quarrel in the family Energy cooperation between Western companies and Gazprom goes far beyond the contested and – already mainstream– Nord Stream 2 problem. It includes the exchange of assets, the entry of the transport sector and bunker with the use of LNG. Further challenges threaten to delay Nord Stream 2, which may translate into problems in other departments of this economic symbiosis. The Austrian OMV acknowledges that the lack of Denmark’s decision to allow the construction of the Nord Stream 2 section on its territory could potentially delay the project. Even Russian Kommersant acknowledges that the delays in the construction of Nord Stream 2 are likely. According to our findings,…

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    Russian company: Incomprehensible that Denmark has not made a decision on controversial gas pipeline

    The Danish Energy Agency has today received a new and third application from Nord Stream 2 AG for a controversial gas pipeline that has to go from Russia to Germany. But besides the application, the company also criticises the Danish authorities for waiting so long with a decision. It is now more than two years since the company behind the pipeline, owned by the state-owned Russian energy group Gazprom, submitted its first application for a route through Danish waters. And in a press release Nord Stream 2 AG calls it “incomprehensible” that Denmark has not yet made a decision. According to them, there are no relevant environmental or safety reasons why…

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    NORD STREAM 2: CAN DENMARK MAKE BERLIN AND MOSCOW TREMBLE?

    Did the Nord Stream II gas pipeline project have its wings clipped? Denmark has delayed its approval for building the segment of the pipeline that crosses its territorial waters. Whilst a total restructuring of the entire project seems to be highly unlikely, Copenhagen’s decision unveils the contradictions between Nord Stream II and Europe’s energy policy. What is the Nord Stream II project? Nord Stream II is a gas pipeline project which is to connect Vyborg in Russia to Greifswald in the north east of Germany, and which would follow almost the same route as Nord Stream I which has been in service since 2011. The pipeline connects the biggest supplier of natural…

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    Last Stop for Some of Danske Bank’s Dirty Money: Spanish Real Estate

    Some of the $230 million at the heart of Europe’s widening money-laundering scandal was ultimately spent on Spanish real estate, according to anti-corruption prosecutors in Madrid. Their investigation following a trail that originated in Russia broadens an inquiry that so far has concentrated on the Baltic states and Scandinavian banks including Danske Bank A/S and Swedbank AB. The Spanish probe alleges that a money-laundering ring moved about 35 million euros ($39 million) through accounts in Moldova, Ukraine and Lithuania and then via Estonia to Spain, providing new details about the final destination of some of the cash. The funds “have been laundered since 2008 through an international structure of companies, banks and…

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    Russia is cultivating Germany’s far right. Germans don’t seem to care.

    It’s not as though the relationship between the Russian government and the German far right, the Alternative for Germany (AfD) party, has ever been a secret. Last year, when the government expelled a group of Russian spies, AfD leader Alexander Gauland protested: Germany could be letting “itself be drawn into a new Cold War by rabble rousers,” he declared. During Germany’s most recent election campaign, Russian state media campaigned openly for AfD. Pro-Russian and Russian-based social media accounts, some real and some automated, repeated AfD’s anti-immigration and anti-European messages, as well. Continue reading the article on the Washington Post news website.

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    Will Nord Stream 2 omit the gas directive?

    Politico and Ukrainian Naftogaz have organized a discussion about the future of energy security. The panelists were arguing about Nord Stream 2 and the relations between the European Union and Russia. Will the project omit the EU law? I am very curious how the Russians will avoid the principle of separation the pipeline ownership from gas transfer company. Continue reading the article on the Polish Biznes Alert news website.