Latest news

Western Companies Abandon Russia-Led Nord Stream 2 Project

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.

read more... 21/01/2021


Nord Stream 2 postpones resumption of pipeline construction

The Russia-led Nord Stream 2 consortium will not yet resume the work to complete the subsea gas pipeline to Germany on Friday, daily Handelsblatt reported, citing a spokesman.

read more... 15/01/2021


Ukraine 'unable' to meet demand for gas exports to Poland

Ukraine has been unable to meet robust demand for gas exports to Poland over the past several days due to existing capacity limitations, Serhiy Makohon, head of gas grid operator GTSOU, said Jan. 12.

read more... 13/01/2021


DNV GL Exits Nord Stream 2 as New Sanctions Loom

DNV GL is withdrawing from the Nord Stream 2 gas pipeline in response to a possible widening of US sanctions against companies conducting pipeline testing, inspection, or certification services for the project to bring more Russian gas to Europe.

read more... 12/01/2021


U.S. says BP pays $24.4 mln but challenges natgas manipulation fine in court

The U.S. Federal Energy Regulatory Commission (FERC) alleged BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.

read more... 07/01/2021