... 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 ...
... to take part (supply equipment and technologies) in the following kinds of projects:
deep water (over 152 meters) oil field development,
Arctic shelf field development,
scavenger oil field development, including shale oil and gas.
Viktor Katona:
Gazprom Gaining Ground in Europe
Technological sanctions were a formal cause for some projects to freeze.
This wave of sanctions affected the Russian energy sector companies, though to a less extent than had been projected by the American government. The political elite didn’t turn against the ...
... 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 ... ... 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 ... ... 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....
