Click to see full-size image
On May 4th, the German Federal government issued a statement expressing its positivity towards the Nord Stream 2 project.
“The Federal Government continues to be positive about the Nord Stream 2 project. This is emphasized in the answer (19/18835) to a small question (19/18170) by the AfD group.
Regarding possible support from Russia, the federal government declares that Nord Stream 2 is primarily an economic project of the companies involved. There were also no considerations to bill the United States for the follow-up costs of the US sanctions against companies involved in the pipeline.”
The German authorities stressed that they intend to continue to support the entrepreneurs involved in the project. According to the federal government, Nord Stream 2 is primarily a commercial project.
Germany also did not see a threat to the country’s energy supply due to a delay in the construction of the gas pipeline, since the gas supply infrastructure is quite diversified.
The federal government of Germany did not share the opinion that the country’s policy regarding the Russian project threatens NATO. According to the document, Germany continues to perceive the United States as its main security partner outside Europe, and there can be no talk of an economic war between them.
The Nord Stream 2 gas pipeline consists of two lines with a total length of 1224 km running along the bottom of the Baltic Sea.
According to the project, Russian gas will be supplied to Germany and other European countries. Its construction was supposed to be completed by the end of 2019, but was delayed due to the imposed US sanctions. Gazprom announced that the gas pipeline will be launched by the end of 2020.
In early May, the German newspaper Handelsblatt, citing the German Federal regulator (Bundesnetzagentur, BNetzA), reported that the Nord Stream 2 gas pipeline could be subject to restrictions, as it had not been completed until May 2019.
According to the directive, after the completion of the project, Gazprom will be able to use only 50% of the pipeline’s capacity, and the remaining capacities will be transferred to an independent gas transmission operator.
The decision needs to be made by May 24th and it is unclear if it would be subject to derogation or exempt from it.
The derogation would exempt the project from EU rules enforcing third party access to pipeline capacity, and legal separation of Gazprom as the owner of the pipeline from suppliers of gas using it.
Pipelines completed before May 23rd 2019 can apply for a derogation, which is granted by the regulatory authority of the member state where the pipeline first enters the EU network. Future pipelines can apply to the European Commission for an exemption.
There is no clarity on what is considered a pipeline “completed before May 23rd.” Meanwhile, “future” pipelines are projects not yet built and for which “the level of risk attached to the investment must be such that the investment would not take place unless an exemption was granted,” the EU gas directive states.
Still Nord Stream 2, isn’t ready yet, 160 km remain to be built in Danish EEZ.
A special pipe-laying vessel that could be used by Russia to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in the Baltic Sea on May 3rd.
Footage taken by Reuters from the coast showed the Academic Cherskiy idle in a bay near the Kaliningrad region. The Academic Cherskiy, which Russian gas company Gazprom bought in 2016, was in the Russian Pacific port of Nakhodka in December when the United States imposed sanctions on Nord Stream 2.
MORE ON THE TOPIC:
Germany imports the most Russian gas, china #2—-while oil price reductions have damaged SA and USA, Russian diversity cushions it from this phenomenon…when Nordstream is completed imports will increase and the colonial puppets Poland and Ukraine will either pay market rate or rely on amerikan overpriced LNG
Cruze is a wanker,santcions are only effective on traitors,Russia needs to drain their nemesis and get the ball rolling,after all They have the gold backed ruble to trade internationally with,why rely on ponzi?
CIA trolls and ukropnazis will cry and rage ;)
Hasbarats too…
Hasbarats … Lol.. nice one.
https://uploads.disquscdn.com/images/cb3a40f32a5148ec728cb93072a66385addb7d7b25f662436adc7fda91d12e87.jpg
Mmmmm…. Visually it’s too much. There was comedic value in hasbarats tho.
Dehumanisation should be limited to funny names only. Just my opinion
https://uploads.disquscdn.com/images/e95f2032a77423ddb83125849c8c51f5dc310ec9abf2aa935452a63d120a9c66.png
Lol… Now it’s funny again
Maybe in 3030 when it will be completed
More tears please :)
*Gives you an used condom with male tears
Thats a bit gay, but ok I guess…
Tasty?
Meanwhile Russia continues to keep Ukraine alive with the deal it did earlier, which is repaid by placing Ukrainian lips upon American and Euro-Atlantic rim.
Russia thinks ahead, good deeds are a long term investment , they can’t let their neighbours collapse and become an even bigger source of instability. That’s exactly what the u.s wants for Russia’s next door
Germany is a pathetic and cowardly US puppets…so is the EU.
Russia should stop future gas project with the EU and concentrate on supplying China and Asia.
Russia should sell Siberia to China, Curiles to Japan, Kaliningrad to Germany and do business with the North Pole
The Akademik Chersky is anchored about 20 NM outside of Kaliningrad while the Fortuna, another pipe laying vessel under Russian flag, is docked in Mukran. I believe they are waiting for warmer weather so the Chersky can lay up to 2.0 KM a day. Nord Stream 2 will be finished as scheduled.
I read somewhere Gazprom stated this few weeks back they starting when weather is more favorable. When the Akademik Chersky reached his position and anchored, a Russian tanker owned by Gazprom as well anchored side by side for half a day [I observed it from the far via VesselFinder], I guess they got refueled + resupplied up to the gilles.
I’ve been watching the progress on Vessel Finder since the Akademik Chersky was about to enter the English Channel. Gazpromneft East was the fueling ship. Things are starting to get interesting.
You mean in 2019 or earlier?
Interesting, if Germany penalises Russia, with the completed by clause. The EU takes control of 50% of the pipeline. No doubt needed for the Greater Israel Project. Not as though Ukrainian transit pipelines are in working order for the Greater Izrael Puppets, now is it?
Will Russia walk away from the potential trap or allow the EU to control 50% of the pipeline. Genuinely curious and genuine question.
And by walking away means stoping the project? Lol
Who stopped the project? Finish the pipelines, but, don’t let the EU have access to them. Not in the contract, now is it?
Yeah, good idea. Don’t let EU touch them at all. Your neuron blinked so bright.
It was set up to keep the EU out, then the EU changed the rules to find some way of making Russia create and pay, once again, for pipelines the EU could pillage. Well, at least 50%.
It was set up to keep EU out, Russia meant to trade with the polar bears.
Darling, you do realise EU, US and Japan make up 20% of the planet, but, hold 80% world debt, do you not?
Meanwhile Russia trades with the 80% that only hold 20% of world debt. Like most sensible nations.
Darling, who owes EU, US and Japan debt?
Know many nations are dumping there US debt. Personally, I prefer the Russian way of handling your economy. Old fashioned way of learning how to balance your books. Check your incoming figures alongside your outgoing expenses and if poss, try saving towards that rainy day. You know like 2008 financial crash or problems with Corona Virus.
In 2008 emergent economies like Russia suffered more than US. Who owes USA, EU and Japan that debt?
BS. Russia came out of the 2p08 financial crash apt better than most. Remember, 2016 they paid off the $45 billion, Soviet Union debt, together with $16.5 billion, Russian Federation debt. They had virtually zero debt. Russian GDP Debt was in single figures, unlike most nations. US they were in control of their vast wealth of natural resources.
Wonders of having a President, with a PhD in economics and a good grasp of the subject, in charge.
Remind me, how many times has Trump been bailed out for bankruptcy and by who?
Who owes EU, USA and Japan that debt?????? The debt that US, EU and Japan own? 80% World Debt is owned by EU, US and Japan. How can anybody owe a debt another nation owns? Do not understand what you mean.
To whom owe they this money, to you?
I
It was you that asked.
You are a baby, don’t know to lose :)
Yep, I came into life in the form of a baby, just like we all did. Can guarantee I will also die someday. During that period, life will make sure we experience the pleasures of both winning and losing, plus a whole lot more. However, left diapers and dummies behind, decades ago.
I bet you’ll never be able to learn to whom USA, Japan and EU owes their debt, that’s just to high for someone who thinks people prefer to migrate in Russia instead of EU and US but Russia doesn’t accept them.
Yep, guess who purchase sovereign debt is really to difficult a subject for me to handle.
How much US, EU and Japanese debt does China own?
How much US debt has Russia got rid of?
Why do so few hold over 80% World debt?
Personally, I am more interested in the $550 plus billion currency reserves Russia owns with a fifth of it made up of gold. Plus the fact, at a budget similar to the UK, give or take a $billion, they can afford a top of the range missile defence system, nobody can come close to imitating. Hypersonic weapons in active stage, plus defend an 11 time zone, nuclear triad nation. Remind me, but, why does it cost the World’s largest and most expensive military $750 billion, to come second to Russia, in terms of power?
Which part of the question to whom does US, Japan, EU owe money, you didn’t understand?
Who purchases US, EU member nations and Japanese bonds?
What were bonds set up for?
How much much national debt does each of those nations owe (EU as individual member states)?
What is the role of international investment banking institutions, such as IMF, BRICS Bank or the AIB?
Start checking out the world debt clocks, country by country to check out their debt. Then debt management plans, check out who purchases their bonds, together with which international investment banks have provided them loans.
Personally, it is not in my interest to do the research, just because you click your fingers.
Those clocks are made for people like you who don’t have any interest in research, just to talk about big numbers and click bait lines.
Nonsense.
Dude, I know those money are printed out of nothing lol
No, I have absolutely no interest in research whatsoever.
With regards World Debt, I could believe what CNN and the BBC has to say. Or I could go and look at those pretty little clocks and check out the figures that go with them.
Then I could go and check the IMF figures, over a period of time, for individual nations. For starters.
No, why check out facts independently when CNN and the BBC can easily provide me the info?
And what if China, Russia, you and the alliens will ask for alll the dollars back?
Ask for the $US back?
Do you understand the concept of bonds?
Do not believe it involves the purchaser asking for a refund at the customer service desk.
Perhaps the part where you made it blindingly obvious that the chamber where most humans have something called “grey matter”, in your highly irregular case is filled with air ..
How about you? do you know the answer of the big question?
First things first:
Which planet are you on, if I may enquire?
Ferenginar of course
Nice one Styx. Hope all is well with you.