Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Russia rejects aspects of Germany-U.S. accord on Nord Stream 2 pipeline

The Kremlin said it disagreed with some statements in an agreement between the United States and Germany on the Nord Stream 2 gas pipeline, insisting that Russia had never used energy as a tool of political pressure.

Under the agreement announced on Wednesday by the United States and Germany, Berlin pledged to respond to any attempt by Russia to use energy as a weapon against Ukraine and other central and eastern European countries.

The pact aims to mitigate what critics see as the strategic dangers of the $11 billion Nord Stream 2 pipeline, now 98% complete, being built under the Baltic Sea to carry gas from Russia's Arctic region to Germany.

"Russia has always been and remains a responsible guarantor of energy security on the European continent, or I would even say on a wider, global scale," Kremlin spokesman Dmitry Peskov told reporters.

Peskov also said the Kremlin disagreed with comments in the agreement about countering Russian aggression and about Moscow's allegedly malicious actions in Ukraine and beyond.

The U.S.-Germany deal includes a commitment to helping Ukraine continue to receive transit fees, a major source of state revenues, once Nord Stream 2 becomes operational. The current transit deal between Russia and Ukraine ends in 2024.

Touching on this issue, Peskov said: "I also want to remind you that President (Vladimir) Putin has repeatedly said Russia is ready to discuss extending the gas transit deal via Ukraine beyond 2024."

Ukraine's foreign minister said on Thursday Kyiv was seeking stronger security guarantees on Nord Stream 2 and had formally initiated consultations with the European Union and Germany.

Relations between Moscow and Kyiv deteriorated sharply after Russia's 2014 annexation of the Crimean peninsula and its support for armed separatists in eastern Ukraine. (Reporting by Dmitry Antonov; Writing by Alexander Marrow Editing by Katya Golubkova and Gareth Jones)


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
Facing regulatory uncertainty, competition from renewable energy and increasing calls for decarbonization, natural gas pipeline operators are studying the blending of hydrogen into their networks to produce lower-carbon methane and test their equipment’s capability for handling H2/methane blends.
Industry Focus: EastMed pipeline faces technical challenges, competition
-Eugene Gerden
The outcome of the EastMed pipeline project—a planned, 1,900-km (1,180-mi), subsea pipeline that would supply Europe with 9 Bm3y–12 Bm3y of natural gas from the Eastern Mediterranean—is being closely watched by many on the global stage.
Regional Focus: Africa’s floating LNG sector looks to regain footing post-pandemic
-Shem Oirere
The drive to harness natural gas reserves in Africa is supporting low-emissions energy generation and effective monetization of marginal and small gas fields.


Throughput optimization for pipelines and gas plants

Register Now

Many processes within oil and gas pipelines and processing plants depend on maintaining specific temperatures and pressures at which the process fluids are liquids or gases. In addition, anytime water is a component in the process fluid hydrates can form and plug piping and vessels. Learn how Sensia’s Throughput optimization solution allows operators, and control systems to “see inside” the process in real time to understand where the facility is operating with respect to critical physical constants, including the phase envelope and hydrate temperature. This insight allows for more stable operation, reduced energy expenditure and associated emissions, and greater facility throughput. Case studies will include controlling methanol injection, managing heaters, virtual sensors for sulfur recovery units and more.

April 1, 2021 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2021 Gulf Publishing Holdings LLC.