... argue about the status of the “new project.” The most vulnerable area is the actual laying of the pipeline. To this end, Gazprom is leasing pipelaying ships from the Swiss company Allseas, with the procedure itself to be carried out by three ships ... ...
It is still unclear whether or not Allseas will pull out of the contract in light of the U.S. ban. In any case, the American sanctions against Nord Stream 2 will be a blow not only to Russia, but (and perhaps more importantly) to Europe itself. After all, it is becoming increasingly obvious that the United States ...
... moment the situation around Rosneft’s shelf projects with foreign companies being involved is still not clear. Rosneft is likely to lobby for the liberalization of access to shelf deposits, as most of the blocks are already split between them and Gazprom. However, it might be difficult to reach a consensus with the Russian leadership in the case that the USA strengthens sanctions against the Russian oil and gas sector.
What Will the New Sanctions Lead to?
Pavel Sharikov:
How to Make Russia-U.S. Relations Great Again?
The adoption of the new anti-Russian sanctions will definitely complicate the life of the above mentioned ...
... the Nord Stream-2 project, which has the potential to completely substitute Ukrainian transit routes. On top of that, in 2015 Gazprom has delivered to Germany a record quantity of 45.3 bcm of natural gas. What’s more intriguing is the 19% increase ... ... echoed far across the Atlantic Ocean and have once again affirmed the fears of Washington – intensification of the German-Russian gas interdependence is a fact, which few Western leaders are willing to admit.
Cooperation Amid Sanctions
Germany is highly dependent on coal as a course of cheap energy, however, coal scores very high on the greenhouse ...
Gazprom’s Finance Director Andrey Kruglov announced recently on Russian TV plans for the energy giant to list on the Hong Kong Stock Exchange. Technically it would be the first Russian Company ... ... expressed as late as January that, amidst ongoing conflict in Ukraine, Russia's signing of the MMoU might be further delayed. Sanctions have been most effective in squeezing Russian banks and businesses by preventing them from meeting their borrowing needs....
