HELSINKI—Authorities in Denmark said Sunday that the Nord Stream 1 natural gas pipelines have also stopped leaking, a day after officials said that the ruptured Nord Stream 2 pipelines also appeared to stop leaking. The Nord Stream AG company informed the Danish Energy Agency that a stable pressure now appears to have been achieved on…
European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines
Natural gas prices jumped in Europe on Tuesday following ruptures to the Nord Stream 1 and 2 gas pipelines under the Baltic Sea and Russia’s warning that it may impose sanctions on the Ukrainian company Naftogaz. Officials from both the West and Russia are investigating the ruptures to the crucial pipelines that occurred on Sept. 26, and have…
Concerns Arise Over Potential Sabotage to Nord Stream Pipelines After Unexplained Leaks
Officials are voicing concerns that three mysterious leaks that hit the Nord Stream 1 and Nord Stream 2 pipelines on the same day maybe due to sabotage. Denmark’s prime minister, Mette Frederiksen, told reporters that sabotage could not be ruled out as the cause behind the unexplained gas leaks that hit Nord Stream 1 and Nord Stream 2…
Sweden, Finland Step in to Avert Lehman-Like Situation for Power Companies
September 6, 2022
admin
Business & Marketseconomic policieseconomyEuropeFinlandGazpromMarketsNord Stream 1Russia-Ukraine WarSwedenWorld
0 Comment
STOCKHOLM/HELSINKI—Finland and Sweden on Sunday announced plans to offer billions of dollars in liquidity guarantees to power companies in their countries after Russia’s Gazprom shut the Nord Stream 1 gas pipeline, deepening Europe’s energy crisis. Finland is aiming to offer 10 billion euros ($9.95 billion) and Sweden plans to offer 250 billion Swedish crowns ($23.2…
Russia’s Gazprom to Shut Gas Pipeline to Europe for 3 Days
MOSCOW—A key Russian natural gas pipeline will shut down for three days of maintenance at the end of this month, the state-owned energy company Gazprom announced Friday, raising economic pressure on Germany and other European countries that depend on the fuel to power industry, generate electricity, and heat homes. The latest shutdown will come a…
Russia Cuts Gas Flows by 80 Percent as Europe Issues Savings Plea
July 29, 2022
admin
Business & Marketseconomic policiesenergyEuropeMarketsNatural gasNord Stream 1Russia-Ukraine WarRussian sanctionsWorld
0 Comment
Natural gas prices in Europe stabilized on Thursday after a volatile week in which Russia cut gas flows via the Nord Stream 1 pipeline by 80 percent, causing an energy crisis for the bloc ahead of the cold winter season. Dutch wholesale gas futures, the European benchmark, settled at 198.93 euros per megawatt-hour in Amsterdam on…
European Union Announces Compromise Gas Curbs Amid Russia Supply Cuts
July 26, 2022
admin
Business & MarketseconomyenergyEuropegas shortageMarketsNord Stream 1russian gasRussian natural gasWorld
0 Comment
The European Union (EU) has announced a “voluntary reduction” of natural gas demand by 15 percent this winter in an effort to boost the region’s energy supply security while providing exemptions to nations that may not be able to meet the target. The aim of the demand reduction is to save enough gas ahead of…
‘Unacceptable’: Ukrainian President Criticizes Canada for Allowing Return of Gas Turbines to Germany
Ukrainian President Volodymyr Zelenskyy is criticizing Canada for allowing repaired gas turbines to return to Germany, which will be used for Russian gas delivery. In an address on July 11, Zelenskyy announced that his foreign ministry summoned Canada’s envoy to Ukraine to be admonished over an “absolutely unacceptable exception to the sanctions regime against Russia.”…
Ukrainian President Criticizes Canada for Allowing Return of Gas Turbines to Germany
Ukrainian President Volodymyr Zelenskyy is criticizing Canada for allowing repaired gas turbines to return to Germany, which will be used for Russian gas delivery. In an address on July 11, Zelenskyy announced that his foreign ministry summoned Canada’s envoy to Ukraine to be admonished over an “absolutely unacceptable exception to the sanctions regime against Russia.”…
US State Dept Backs Up Canada’s Decision to Return Nord Stream 1 Turbines to Germany
The federal government has found a powerful supporter for its decision to allow a natural gas pipeline between Russia and Europe to resume operations. The U.S. State Department says it backs Canada’s decision to send repaired turbine equipment vital to the Nord Stream 1 pipeline back to Germany. Spokesman Ned Price says it’s the right…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`