Monday, 1 March, 2021, 7:15 PM
latest Arrests made at Barcelona football club after police raid      
Home Business

Germany approves resuming Russia gas pipeline work

Published : Friday, 15 January, 2021 at 5:45 PM  Count : 201

Germany approves resuming Russia gas pipeline work

Germany approves resuming Russia gas pipeline work

On Friday, German authorities gave immediate permission to resume work on a subsequent pipeline to bring natural gas from Russia. The decision could be appealed to the Federal Maritime and Hydrographic Agency, which could mean a further stalemate in the construction of the Nord Stream 2 project, which has drawn serious criticism from the United States, some European countries and environmental groups.

The U.S. government has argued that the Baltic Sea pipeline would make Europe more dependent on Russian gas and undermine European energy security. The Kremlin has responded by accusing Washington of trying to promote its own liquefied natural gas sales.

The Russian state-controlled natural gas company, Gazprom, has positioned a ship to resume work on the multibillion pipeline, which was suspended after a Swiss firm pulled its vessels out of the project amid threats of U.S. sanctions. Because the Russian ship is of a different type than the Swiss vessels, Germany had to issue fresh authorization.


Related Topics

Gas   Trading   Russia  

« PreviousNext »

Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone: PABX 9586651-58; Online: 9513959; Advertisement: 9513663
E-mail: [email protected], [email protected], [email protected], [email protected],   [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft