Romano Prodi says Nord Stream 2 gas pipeline is not in Italy’s interest
The extension of the Nord Stream gas pipeline, which supplies gas to Germany, is not in Italy’s interests, Romano Prodi, Italy’s ex-prime minister and the former European Commission chief, told TASS in an interview. “I am convinced that Nord Stream 2 is not in Italy’s interests, not economically, nor for the purpose of preserving a political balance. Honestly, I cannot grasp the decision even after studying the matter in...
Gazprom’s partners in Nord Stream 2 confirm readiness to facilitate project
Gazprom’s European partners in the Nord Stream 2 gas pipeline project – Engie, OMV, Shell, Uniper and Wintershall – confirmed their position to facilitate its implementation, the Russian gas holding said on Tuesday. Participants in Nord Stream 2 held a meeting earlier today in St. Petersburg, where they planned to discuss a new project execution model. The Nord Stream-2 project includes the construction of two lines of the...
Nord Stream 2 moving ahead with procurement
Nord Stream 2 (NS2) is moving ahead on the procurement front and the 55bn m³/yr planned pipeline project will help Europe meet its gas import needs, projected to grow by 140bn m³/yr by 2035, CFO Paul Corcoran told the Russian Energy Forum in London June 22. It is a shorter route to market; it links the Yamal Peninsula with northwest Europe – where production is declining – and it will have lower transport tariffs than the onshore...
Gazprom’s working towards technological independence from West
Author: Anna Kuchma With sanctions against Russia still in place Gazprom is beginning to take real steps towards reducing its technological dependence on the West. The first step in this process is the purchase of a pipe-laying ship for working on the shelf. It can be used to complete construction on the Nord Stream-2 pipeline system. Gazprom has acquired the Akademik Chersky pipe-laying ship, announced Vitaly Markelov, the gas...
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