Years of economic sanctions and political efforts from Washington have come to nothing, and work on the Nord Stream 2 gas pipeline is now nearing the final stages of completion, Russia’s Foreign Minister Sergey Lavrov has said. Speaking at a meeting in St. Petersburg on Monday, the veteran diplomat announced …
Read More »Russia pledges retaliation after new U.S. sanctions
Moscow pledged retaliatory measures after a new set of sanctions imposed by the United States on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, Russia’s foreign ministry said in a statement on Saturday. The $11 billion projects, which will double the existing Nord Stream …
Read More »Nord Stream 2 gas pipeline is almost finished: Operator
The much-politicized Nord Stream 2 undersea gas pipeline from Russia to Germany is 99% complete, the pipeline operator said, after the pipelay vessel Akademik Cherskiy finished its initially planned workload. The $11 billion Nord Stream 2, designed to bypass Russia’s political foe Ukraine and double the capacity of the existing …
Read More »Nord Stream 2 | Merkel and Putin ‘satisfied’ as pipeline deal with US agreed
Angela Merkel and Vladimir Putin are “satisfied” with the near completion of the Nord Stream 2 gas pipeline, the Kremlin has said after the two leaders spoke on the phone. The Chancellor discussed the project with the Russian President today, as the publication of a joint agreement between Germany and …
Read More »Russia & Pakistan agree to build gas pipeline from Karachi to Lahore in biggest deal in decades
Russia has signed a deal with Pakistan to build a major gas pipeline linking the nation’s southern port of Karachi to industrial hubs in the north. The deal is set to be the biggest between Moscow and Islamabad since the 1970s. Russia’s Energy Minister Nikolay Shulginov and the Pakistani Ambassador, …
Read More »Pipeline blast in Iraq halts power station supply, output unaffected.
A gas pipeline exploded near Basra in southern Iraq on Wednesday and halted supplies to a local power station, but did not affect gas or oil output, oil ministry officials and police said. A technical fault due to scorching summer temperatures appeared to have caused the blast in al-Haritha 10 …
Read More »