Europe

18 Companies Quit Nord Stream 2 Pipeline Project

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia's Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters.

EU Says it Does Not Need Nord Stream 2, Only Germany Can Block it

The European Union does not need the Nord Stream 2 pipeline for its energy security but any decision to stop the project carrying Russian natural gas to Germany would have to come from Berlin, a senior European Commission official said.

Munich Re Stops Insuring Nord Stream 2 Amid Sanctions Threat

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.

Biden Admin Designates Russian Ship as Helping to Build Nord Stream 2 Pipeline

The Biden administration identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it.

U.S. to Unveil Nord Stream 2 Pipeline Report, Sanctions May Take Time

The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, a move that could eventually prompt sanctions on the nearly completed project.

Norway Oil Firms Raise 2021 Investment Plans

Oil and gas firms in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022.

Germany Looking at Green Hydrogen Co-operation with Russia

Germany is in close communication with Russia about the potential of "green" hydrogen production and transport, Economy Minister Peter Altmaier said.

Senators Prod Biden Admin on Nord Stream 2 Pipeline Sanctions

Two U.S. senators urged President Joe Biden to ensure the implementation of sanctions passed in January aimed at stopping the Nord Stream 2 Russia-to-Germany gas pipeline project, which a State Department spokesman reiterated was a "bad deal" for Europe.

Balkans Gas Developments Still Face Structural Woes

The gas market in Southeast Europe, better known as the Balkans, is weighed down by several longstanding difficulties. The region bounded by Bulgaria to the north, Croatia to the northwest and Turkey to the southeast currently suffers from disconnected markets, owing to the lack of an integrated cross-border gas pipeline network, a heavy dependence on Russian gas and insufficient storage capacity.

German Government, Gas Industry Locked in Tricky Conflict over Hydrogen Pipelines

The natural gas pipeline industry, which eventually needs to switch to hydrogen, wants an early merger of the two systems and criticized the government's approach for being too slow.

Germany Planning Phased Intro of Hydrogen Pipeline Transport

The initial focus will be on the switching of existing pipelines carrying hydrogen made from fossil fuels to carry "green" hydrogen, which is made from wind and solar energy via electrolysis, and the building of new green hydrogen pipelines.

Nord Stream 2's Construction in Danish Waters Could Wrap Up by End-April

Construction of Nord Stream 2 undersea gas pipeline from Russia to Germany in Danish waters is scheduled for completion by the end of April, Danish Maritime Authority said on Monday.

Pipe Laying for Nord Stream 2 Restarts in Danish Waters

The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.

Germany Backs Nord Stream 2, For Now - Merkel

Germany is sticking with its support for the Nord Stream 2 pipeline "for the time being", Chancellor Angela Merkel said on Friday.

Big Four European Pipeline Owners Receptive to Change

Spain’s Enagás, Belgium’s Fluxys, France’s GRTgaz and Italy’s Snam own and operate more than 62,000 miles (100,000 km) of gas pipelines and related infrastructure across Europe and beyond.

Polish Gas Firm PGNiG's LNG Imports Rise 10%

Liquefied natural gas imports by Poland's dominant gas firm PGNiG rose by 10% in 2020 to 3.76 billion cubic meters, as the company continues to look to reduce its reliance on Russian gas, it said on Thursday.

U.S. Will Monitor Activity to Complete Nord Stream 2 Pipeline

The United States will monitor activity to complete or certify the Nord Stream 2 pipeline intended to transport Russian natural gas to Europe and, if such activity takes place, will make a determination on sanctions, the U.S. State Department spokesman said.

France Won't Pressure Germany Over Nord Stream 2 Plans, Officials Say

France will not put pressure on Germany about its plans for the Nord Stream 2 pipeline to pump more Russian gas to Europe, Foreign Minister Jean-Yves Le Drian said.

Germany’s Siemens Gutting Natural Gas Jobs Through 2025

Siemens Energy is cutting about 7,800 natural gas jobs until 2025, the company announced as part of its cost-saving initiatives.

Bulgaria Takes 20% Stake in Greek LNG Terminal

Bulgaria's state gas company Bulgartransgaz has finalised a deal to take 20% of Greek company Gastrade, which is developing a floating LNG facility off the city of Alexandroupolis.

Biden Thinks Nord Stream 2 is 'Bad Deal' for Europe, White House Says

Biden's administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the White House said on Tuesday.

New German CDU leader Supports Nord Stream 2

The new chairman of Germany's ruling Christian Democrats said he would not reconsider his support for the Nord Stream 2 pipeline to take Russian natural gas to Europe, despite U.S. and European opposition to its completion.

Pipe-laying Vessel Started Work in Danish Waters for Nord Stream 2

The project, designed to boost Russian gas supplies to Europe and bypass Ukraine, has met resistance from Washington, which wants to sell its own sea-borne liquefied natural gas to the European Union and cut the region's reliance on energy supplies from Moscow.

Tracking Data Shows Russian Pipe-Laying Vessels Head toward Nord Stream 2 Work Site

Russian pipe-laying and other vessels are heading to Nord Stream 2 pipeline construction sites in the Baltic Sea amid U.S. pressure to scrap the project that aims to pump more Russian gas to Europe.

European Lawmakers Call to Block Nord Stream 2

As expected, European Union lawmakers passed a resolution calling for the bloc to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

EU Lawmakers Expected to Vote to Block Nord Stream 2

European Union lawmakers are expected to support a resolution to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

German Regulator Awaits Detailed Complaints Against Nord Stream 2

Opponents still need to give detailed reasons to justify a halt on Nord Stream 2's construction in German waters.

Future Looks Bright for LNG in Post-COVID-19 Era

The onset of COVID-19 caused a decline in gas demand of around 4% with a similar decline in the LNG trade. Most forecasts expect gas demand to recover in 2021 to pre-pandemic levels. But what happens thereafter?

Projects

Open Grid Europe Looks to Operate Gas Pipeline in March   Source: Zeelink Open Grid Europe is testing the recently completed $705 million (600 million euro) Zeelink gas pipeline with plans to make it operational, possibly as early as March 2021.   The 134..

Max Midstream Announces Agreement with Major European Tank Storage Company

Texas-based energy company Max Midstream announced it has formed two new subsidiaries in Europe to trade its Texas Crude and Condensate and products throughout Europe.