Gazprom News

15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters

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 …

Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions

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 that support construction …

Future of Russia’s Nord Stream 2 Pipeline Looks Increasingly Uncertain

The future of Nord Stream 2 looks increasingly uncertain as the U.S. ramped up pressure on the project with new sanctions, and companies walked away from the controversial Russian gas link. The new sanctions come just days before work on …

Russia Expedites Work on Nord Stream 2 Gas Pipeline Before U.S. Tightens Sanctions

Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. Construction of the 1,230-kilometer (764-mile) pipeline reached a milestone on Monday with …

Citing U.S. Sanctions, Insurers Won’t Cover Ships For Russia, Turkey Pipelines Projects

The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. Associations belonging to the International Group of P&I Clubs, including …

Russia Aims to Complete Nord Stream Gas Pipeline, Despite U.S. Objections

Russia’s Gazprom PJSC has made a request with the Danish government to deploy new vessels in the Baltic Sea for work on the disputed Nord Stream 2 gas pipeline, Denmark’s environmental protection agency said. The application is the latest signal …

Senators Seek to Expand U.S. Sanctions to Insurance for Russia-Europe Pipeline

U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas. The Protecting Europe’s Energy Security Clarification Act …