Nord Stream

Nord Stream 2 Putin Offers To Boost Gas Supplies To Europe

Nord Stream 2: Putin Offers To Boost Gas Supplies To Europe

The President of Russia, Vladimir Putin has disclosed that Moscow is ready to resume gas supplies to the European Union through a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea, an offer which was immediately turned down by Berlin.

Putin who made this offer while speaking at a Moscow energy forum on Wednesday, asserted that one of the two links of the pipeline remained pressurised despite a series of ruptures last month which caused major leaks, sending gas spewing out off the coast of Denmark and Sweden.

Africa Daily News, New York reports that the Nord …

Russia Reverses Move On Gas Pipeline Reopening

Russia Reverses Move On Gas Pipeline Reopening

Following claims that it had discovered problems with the Nord Stream 1 pipeline during maintenance, Russia rescheduled a Saturday deadline for resuming operations via a crucial gas supply channel to Germany, making it much more difficult for Europe to secure fuel for the winter.

Africa Daily News, New York reports that the three-day maintenance break for Nord Stream 1, which flows beneath the Baltic Sea, was intended to end at 00:01 GMT on Saturday.

However, Gazprom (GAZP.MM), the state-controlled company with a stranglehold on pipeline exports of Russian gas, declared on Friday that supplies wouldn’t recommence safely until an oil …