EU seeks mandate for talks with Russia over gas pipeline

The European Commission is seeking a mandate from Member States to give it the authority to negotiate with Russia over the Nord Stream 2 gas pipeline. The project, led by Russian energy firm Gazprom, will consist of two additional pipelines that could transport up to 55 billion cubic meters of gas. It will be a […]

Five energy firms invest in Gazprom’s gas pipeline

Five European energy companies are to invest as much as €950 million (£807m) each to fund Gazprom’s gas pipeline. ENGIE, OMV, Shell, Uniper and Wintershall have signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and operation of the Nord Stream 2 pipeline. The 1,220-kilometre pipeline will have the […]

MEPs concerned about Nord Stream gas pipeline extension

Members of the European Parliament (MEPs) have voiced grave concerns about a gas pipeline extension project. The Nord Stream 2 pipeline, run by a consortium led by Russian energy firm Gazprom, aims to build new pipelines that would double the capacity of the existing connection from Russia to northern Germany under the Baltic Sea. It […]