infrastructure

Germany eager to launch Nord Stream 2 as soon as possible

Germany needs reliable gas supplies from Russia in the future and supports commissioning the Nord Stream 2 gas pipeline as soon as possible, Minister President of Germany's federal state of Saxony Michael Kretschmer said at a Russian-German …

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EU Parliament mulls block on Nord Stream 2 gas pipeline

A group of EU lawmakers have drafted a resolution that would impose new sanctions on Russia and scupper the Nord Stream 2 gas pipeline, ignoring recent calls from the bloc’s top politicians for more constructive relations. The …

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Uniper ends financing of Nord Stream 2 pipeline

Germany’s Uniper acting as the financial partner of the Nord Stream 2 gas pipeline project does not plan to finance it in the future, the company’s top manager said at an online press conference on Thursday. "We can …

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European companies back out of Nord Stream 2

Eighteen companies have terminated their participation or are in the process of withdrawing, following U.S. sanctions threats. The U.S. has only imposed sanctions on one company, but has threatened to "take further action." So …

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Munich Re stops insuring Nord Stream 2

 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European companies …

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Germany to discuss creation of  foundation for Nord Stream-2

The German state of Mecklenburg-Vorpommern plans to set up a foundation to facilitate the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last …

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