... strong chances to get launched though with a delay, while the U.S. sanctions do not prohibit foreign vessels from participating in further repair or maintenance works.
Meanwhile, Germany and the EU have already voiced strong discontent with the U.S. sanctions. Indeed, they benefit from the project. Russia has agreed to preserve a considerable part of its gas transit via Ukraine — this has been one of the key demands to support the project. The European Union has never invited the U.S. to protect them from the NS2, though there was a heated debate inside the EU. Apparently, sanctions emerge as an instrument ...
... the time of signing the documents, Rosneft was not under sanctions prohibiting the activity under the documents signed by the companies (most of them memorialized the extension of pre-existing agreements, for example, on joint projects in the Arctic and related to natural gas development in the Russian Far East). At the same time, the sanctions were applied to Igor Sechin’s assets and activity only in his individual capacity [
8
, p. 2], so his activity as the CEO of Rosneft, ExxonMobil thinks, is not covered by the sanctions since the inclusion of a person in ...
... shots at the Russian project directly. Congress has already granted the President the right to prohibit the financing of new gas pipeline projects between the Russian Federation and Europe, as well as the provision of construction services. However, the European partners have already ... ...
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 ...
What are the Outcomes of the Russia, Iran, and Azerbaijan Meeting?
Limited Triangle
Yulia Sveshnikova:
Ousting ... ...
Perhaps the main innovation of the trilateral negotiations was the project to
create a gas corridor
from Russia to Iran through the territory of Azerbaijan. It is difficult... ... Washington's threats against Iran.
The feeling that Iran and Russia are in the same sanctions boat
appeared
in 2014 after the accession of the Crimea. As the U.S. pressure...
... 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 foreign partners, and might worsen ...
... it also helped in cutting down greenhouse gas emissions through the substitution of coal with the more eco-friendly natural gas. Nevertheless, low coal prices continue to make coal an attractive energy source for Germany, even nowadays.
The case of energy ... ... that we should all learn from. The situation then is in many aspects similar of the current crisis – political tension, sanctions, and pressure from the US, just to name a few. Nevertheless, one way or another the crisis will be solved and leaders from Europe and Russia should acknowledge that the cooperation between Russia and European states is a natural one that should be encouraged and ...
... deliveries to Germany for the first quarter of 2016, when compared to 2015 Q1 delivered quantities. The implications of this have 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 gas index and is thus not a preferable source, ecologically speaking. Diminishing coal use is an ongoing trend since the first ...
The West’s response to Russia’s actions in Ukraine has been to sanction and attempt to isolate Russia. The NATO-Russia Council, despite being a ... ... is an important global energy provider.
Russia holds
6.87% of the world’s proven oil reserves and 17.4% of its proven gas reserves, and is the fourth largest carbon emitter. It is the world’s largest exporter of natural gas, and the second ...
... of natural gas by 2030), which could require investments of more than $1 trillion, are significantly hampered by the economic sanctions.
Conclusion
The continental shelf plays an important role in sustaining global oil and gas production. Over the past ten years, more than two-thirds of the world’s hydrocarbon reserves have been discovered on ... ... present, only a handful of isolated projects are being carried out on the continental shelf of the United States, Norway and Russia. Experts predict that, by 2030, geological exploration will primarily be conducted in the Arctic shelf, and deposits in ...
... game, which were created by the West without considering the opinion of such an an important counteragent.” Fyodor Lukyanov, the editor-in-chief of Russia in Global Politics journal, told Vestnik Kavkaza about sanctions, countersanctions, and the gas issue.
Recently it was found out that seven EU countries support the elimination of anti-Russian sanctions, including Austria, Hungary, Italy, Slovakia, France and the Czech Republic. Japan and Germany stand for softening sanctions and continuation of dialogue with Russia. However, soon the information was leveled down by a message that Barack Obama ...
