Nord Stream 2 runs aground in Denmark

[Litwin]

3/28/19
The Danish energy regulator has upended Nord Stream 2’s plan to complete the undersea pipeline running from Russia to Germany by the end of this year. The Danish Energy Agency on Wednesday requested that the company look into a completely new route to pass its pipeline through the country’s waters. Denmark is the last country that needs to approve a construction permit for Nord Stream 2 — a 1,200-kilometer pipeline already under construction. As well as undermining Gazprom’s hopes to start shipping gas by the end of the year, it also complicates ongoing negotiations between Russia, Ukraine and the European Commission on the future of gas transit across Ukraine. Fighting the Danish decision “may take years,” the CEO of Nord Stream 2, Matthias Warnig, told the company’s partners in a letter obtained by Polish publication Biznesalert. Nord Stream 2 would not comment on the report about Warnig’s letter. The project is backed by five West European companies — Austria’s OMV, Anglo-Dutch company Shell, France’s Engie and Germany’s Uniper and Wintershall.

The permitting drama may also affect negotiations on a future Ukrainian gas transit contract. The current one expires at the end of this year and the Russians have been leery of committing to continue to send large volumes of gas to the EU across Ukraine.
But a big delay in the completion of the undersea pipeline could force Moscow to continue relying on Ukrainian transit. “A delay of Nord Stream 2 will change the dynamics in the negotiations of a new gas transit contract through Ukraine,” said Georg Zachmann, senior fellow at Bruegel, a Brussels think tank. “Gazprom hoped to be able to get very good conditions for this new contract, as Nord Stream 2 would have allowed Gazprom to be largely independent of Ukraine’s gas transit system. A delay might force Gazprom to enter into a more long-term and higher volume agreement than envisaged.”

Denmark is an old USA ally )) Great news , one for sure Nord Stream 2 will never serve to ozero´s goals and its clients in the west

Nord Stream 2 runs aground in Denmark

 

[ESay]

It will be in vain. It seems that the Russians will complete their pipe. Maybe it will take some additional hundreds of kilometers and some additional time.

 

[Baron]

What is wrong in Nord Stream 2?
Because parasites like Polska and Ukraina receive no transit money and Uncle Sam get problems to sell its LNG to Europeans five times expensive as Russian one?

 

[ESay]

What is wrong in Nord Stream 2?
Because parasites like Polska and Ukraina receive no transit money and Uncle Sam get problems to sell its LNG to Europeans five times expensive as Russian one?

Actually, as a US citizen you should be disappointed that your country gets fewer chances to sell its gas.

 

[Bleipriester]

Schröder now celebrates his 75th birthday.