At Forbes, US Sanctions Against Nord Stream 2 Called Belated and Unhelpful

In a major financial and economic publication, Forbes commented on Washington’s sanctions against Nord Stream 2. Recall that the United States “ordered” by January 20 all companies involved in laying the pipeline along the bottom of the Baltic Sea to stop work, threatening in case of “disobedience” measures of economic impact. One such measure is freezing dollar bills.

Forbes writes that US sanctions were "about a year late." The authors of the materials note that the construction of "SP-2" has already been completed by almost 95 percent, therefore "sanctions are becoming practically useless."

The article notes that, with its sanctions against the project, Washington was able to surprisingly irritate even those who “hate Russia”.

The author writes that in Berlin and Paris they do not intend for the second time to switch to the Cold War with Moscow, given the fact that cooperation with Russia in the energy sector promises Europe significant economic advantages.

Recall that Germany at one time actively supported the construction of an oil pipeline from the USSR to Europe, taking into account the active phase of the Cold War between the West and Moscow at that time.

The Forbes article additionally notes that the development of the so-called "green" energy in Europe in the near future will not exactly lead to a decrease in demand for natural gas from the Russian Federation. Natural gas itself, it is worth adding, may well be attributed to the very “green” energy, since environmental pollution from its operation is minimal.

Comments

[Slavutich]

The authors of the materials note that the construction of "SP-2" has already been completed by almost 95 percent, therefore "sanctions are becoming practically useless."

If so, then very good,

[Kleber]

At 95 percent, this is not at 100. The SP-2 will be completed, but its price, and, accordingly, the payback period, is growing.

[Nick]

Quote: Kleber

At 95 percent, this is not at 100. The SP-2 will be completed, but its price, and, accordingly, the payback period, is growing.

Payback is compensated due to penalties from contractors who have not fulfilled the contract for laying the gas pipeline.

[Tuk77]

Since the terms of the contract are not even voiced even now, it is highly likely that the contractor (in this case, Allseas) has negotiated a secure early termination of the contract in the event of force majeure. For American sanctions were expected, and Allseas is far from being fools.
So, we will most likely be compensated by Alexander Sergeyevich Pushkin.

[Nick]

Quote: Tuk77

Since the terms of the contract are not even voiced even now, it is highly likely that the contractor (in this case, Allseas) has negotiated a secure early termination of the contract in case of force majeure.

Any contract a priori provides for the responsibility of the parties for non-performance of the contract. Yes, force majeure is also provided. Only it is impossible to attribute the USA Wishlist to force majeure, since the contractor companies are not registered in the US jurisdiction. Gazprom has only one question: what to do with the Swiss side, which thwarted the delivery of the facility due to fear of US sanctions. In this situation, the norms of international law imply the recovery of damages from Allseas by the shareholders of Nord Stream 2. According to RANEPA Associate Professor Kira Sazonova, the Russian oil and gas giant as the operator of the future pipeline, as well as Germany, as the main beneficiary, could protect their interests in the framework of international arbitration ...
Source: https://politpuzzle.ru/155486-gazprom-byl-gotov-k-razvitiyu-hudshego-stsenariya-s-realizatsiej-severnogo-potoka-2/?utm_source=finobzor.ru

[Tuk77]

In this situation, damages (if any) depends only on the terms of the contract.
Have you read the contract?
Probably not.
So do I.
Then what are we arguing about? With regard to international law, you do not follow Russian news well. In them, our attitude to such norms undergoes a radical change.

[Nick]

Quote: Tuk77

In this situation, damages (if any) depends only on the terms of the contract.

Quote: Nick

Each contract a priori provides for liability of the parties for non-performance of the contract.

Quote: Tuk77

Have you read the contract?
Probably not.
So do I.
Then what are we arguing about?

I do not argue. I comment on your comment.

[Incognito777]

Gazprom has only one question: what to do with the Swiss side, which has disrupted the change

For several years, they wrote the same thing about contracts with Ukraine, and disputes with Naftogaz .. how we will tear everyone, etc.
As a result, Gazprom, like a cute little thing, slobbed 3 lard to evil Bendera people, signed up for transit, but no one has returned our "long Yanukovych" yet ..

[ccsr]

Quote: Nick

Gazprom has only one question: what to do with the Swiss side, which disrupted the delivery of the facility due to fear of US sanctions.

This is exactly the way one should approach the assessment of compensations, because Russia has yet to build more than one gas pipeline along the bottom of the sea, and does not stand in a pose so as not to break firewood for the future, because this company is the world leader in such work. I think that the losses are compensated by raising the transit cost of gas through this pipe by a small amount, and they will beat everything off in a few years of operation.

Quote: Nick

According to RANEPA Associate Professor Kira Sazonova, the Russian oil and gas giant as the operator of the future pipeline, as well as Germany, as the main beneficiary, could protect their interests in the framework of international arbitration ...

Well, if you listen to these "theorists", then we will not only fail to win the case in court (Madame does not take into account the example of Ukrainian lawsuits), but we will also ruin relations with a large specialized company, which is unlikely to bring us dividends in the future. And I think it is not very smart to build my own pipeline fleet - one or two ships are enough for such a situation, and this is quite enough.

[Incognito777]

And people don’t get tired of fantasizing endlessly ..

[Sarmat Sanych]

Kleber, European investors have already contributed money to the project, there is nothing to "grow" there, especially since while the ground part is being built - you can slowly finish building the remaining 4% of SP2.

[Siberia 75]

Quote: Slavutich

If so, then very good,

Check everything yourself, the benefit of search engines, even grandmothers learned to use

[Tuk77]

Just great.
“Sanctions are virtually worthless,” according to Forbes.
But the trouble is, Allseas still left the project. Finally and irrevocably.
And then what?
Who will finish building?

[Incognito777]

In a cruel form, they scoffed .. giving to build as much as 95% ..
And then they also declare that "it's not scary" ..
Say what you like, but in the West they know a lot about perversions ..))

[Sarmat Sanych]

Incognito777, you again suffer from infantilism? My office works with JSC MRTS, the State Duma their Kolikov Valery Leonidovich traveled to China with our delegation several years ago. So "Fortuna" belongs to MRTS, and I say what is called first-hand - they will finish building that tiny Danish section without any problems. Well, what will spoil you from this is the matter

[Incognito777]

It’s not my business who and what will be affected by it .. there are specialized forums for this .. There you can contact about infantilism ..

So you say - "they will finish building without problems" .. Maybe the truth "first hand" you know better ??
But for some reason this information has not yet reached the top ..

A spokesman for the Russian president Dmitry Peskov said that at the moment it is impossible to name the new deadlines for commissioning the Nord Stream-2 gas pipeline. On Tuesday, December 31, reports RBC.

According to Peskov, in connection with the decision of the Swiss company Allseas, which was laying the pipes of Nord Stream-2, to leave the project, at the moment it is impossible to name the new deadlines for putting the pipeline into operation.

“I don’t think that someone will undertake to name the date, objective force majeure circumstances have arisen with the actions of a third state that run counter to international law and the norms of international trade,” he said.

By the way, recently Peskov himself echoed to you that they would finish building without problems .. and even until the end of 2019 .. However, there is still time ..

[Sarmat Sanych]

Incognito777, annealing Nepadecki. Why would you or anyone else need to lay out Peskov cards? That's real - what is the reason?) L- Logic.

[Roman070280]

Well .. are you still laughing at how Peskov hides the cards ??)
The gas pipeline stands .. and will stand for a long time .. L- Logic ..
M- Brain .. N- Do not strain .. O- Swell .. P- Goodbye ..
R- Radish ..

[Sarmat Sanych]

Roman070280 Take off your pants. And then look when the season of storms in the Baltic ends, there would not have been built there anyway, even if there had been no sanctions. Moreover, Gazprom has nowhere to rush, the Germans will finish building the land interconnector only by the middle of summer, by this time everything will be ready and will reach full capacity.

[Roman070280]

there and so in this period would not be built

Yes, yes .. even if it weren’t for sanctions, they wouldn’t have built .. believe ..))

Moreover, Gazprom has nowhere to rush

That's right .. because they can wait another three years ..))

PS .. you can continue to take off your pants .. just streamline ..

[Sarmat Sanych]

You imitate intelligence again. Well done, try, we are watching you. What is the construction season for the storm season? She was also stopped during the construction of SP1, although then there were no sanctions. But I won’t persuade you, you were in your beckoning world, and there they couldn’t return Crimea to Russia and in Syria, Assad didn’t lose 90% of the country but 15% didn’t build hypersonic weapons and Turkish Stream and Siberian forces didn’t build gas it doesn’t follow them and they left Venezuela and there is no Crimean Bridge either, and 19 million cars that passed through it are a mirage and a fairy tale

[Simple]

Quote: Slavutich

If so, then very good,

And there is.
The transition to "green energy" Western countries without cheap natural gas (in this case, Russian) will not master.
Only last year, the energy network in Germany was close to collapse a couple of times in the summer. I had to de-energize the most energy-intensive enterprises (for example, an aluminum plant, which was de-energized, consumes two percent of all the energy consumed in Germany)

Next is the topic of cheap and mass production of electricity and hydrogen as fuel for both future cars and steel production.

[svp67]

At Forbes, US Sanctions Against Nord Stream 2 Called Belated and Unhelpful

Our "Gazprom" is left with too much to PROVE it. Good luck and success to its employees in the New Year

[knn54]

EVERYONE is waiting for Russia to swallow the next US attack in silence or take retaliatory measures, for example, limit the activities of American firms and banks operating on its territory.

[Chaldon48]

Russia now, this is a besieged fortress and the whole question is whether it will withstand this siege or not. Much depends on how wise and balanced the answers of the country's top leadership will be in response to enemy attacks.

[Incognito777]

What do you think ..))
I’ll whisper to you a secret - swallow ..

[Incognito777]

Yes, these workers and so everything is successful and successful ..
The lists of the same Forbes are living proof of this ..

[mikh-korsakov]

Personally, as an ordinary person, I have to be guided by the information that I know from the media, so the scale of the problem is unknown to me, although it is clear that it is huge. Judging by the posts of Aslan Nakhushev, who positions himself as an expert on what is being done now in the power structures, everyone in Gazprom and the government is now "on their ears", he compares Putin's attitude to the problem to when the West "threw" Yanukovych in 2014 - then Crimea "happened". This sounds plausible. Therefore, personally, I have NO doubts that the pipeline will be completed. But it is also clear that Gazprom will suffer losses, which means that the people of Russia will also suffer losses, because the social sector and national projects partially come from Gazprom's taxes. This will happen if only because a number of urgent technical and organizational measures are needed. It is a pity that the adversary will go unpunished. All this talk about the fact that a number of response measures are being developed is nothing more than puffing out the cheeks, if only because they immediately make a reservation that the response measures should not harm the Russian economy. But if everything in the world is interconnected, it is impossible to invent such measures also because our entire elite "sits in the dollar." Therefore, I am sure that the measures will be limited to a ban on entry into the Russian Federation for a group of people, as if this "group of people" only dreamed of visiting the Russian Federation. This is sad. But enough about the sad. I sincerely congratulate all members of the forum and editors on the upcoming New Year - I wish you health and well-being, in the heat of controversy, do not go over the edge - this is unhealthy.

[Siberia 75]

Quote: mikh-korsakov

everyone in Gazprom and the government is now "on their ears",

This is a strong exaggeration. The topic of sanctions on SP-2 has been hackneyed for a year and a half already. And it would be strange if Gazprom and the Russian government were not ready for this.

Quote: mikh-korsakov

He compares Putin's attitude to the problem to when the West threw Yanukovich in 2014 - then Crimea "happened".

You correctly mentioned Crimea. I don’t think that the Baltic States or Gdansk will happen this time, but Russia may have some preferences.

[mikh-korsakov]

Alexey! Experts explain the surprise of the entry into force of the law as follows. In the United States, there is a rule that when a law from Congress goes to the president for signature, it is considered by the presidential administration for compliance with the constitution, a possible threat to security for the United States, and much more. This takes up to 30 days. Therefore, there was confidence that a pipe would be laid during the approval process in the presidential structures. However, Trump signed the law into law immediately after he left Congress, breaking the rules, which is unprecedented. This is also the question of that. that, they say, Trump is "our agent".

[Siberia 75]

Quote: mikh-korsakov

This takes up to 30 days. Therefore, there was confidence that during the coordination in the presidential structures a pipe would be laid.

Energy experts (without quotes) have already spoken out about this. In particular, one of the most respected B. Martsinkevich. The completion of the SP-2 will take an additional 4-6 months. But this is absolutely not critical, since the land part of the SP-2 according to the plan will be ready in 6-7 months.

Quote: mikh-korsakov

they say Trump is "our agent".

Well this is just a joke, meme. No one thought so seriously

[mikh-korsakov]

Alexei! But along the way, new technical details of the conversion of Academician Chersky break through to the public. For example, it turns out that it is necessary to manufacture welding units for pipes of 340 inches. In addition, after completion of the gasket, it is necessary to purge it with technical gas, now they are talking about putting into operation at the end of the year. As for your remark about the preparation of the land unit, I did not understand what you mean.

[Siberia 75]

Quote: mikh-korsakov

As for your remark about the preparation of the land unit, I did not understand what you mean.

EUGAL is a land-based extension of Nord Stream 2. As well as interchanges and interconnectors.
will be put into full operation in about half a year.

Quote: mikh-korsakov

new technical details of the conversion of Academician Chersky

I read at least three possible options for completing the SP-2. Weighted average forecast, an additional 4-6 months of time.

[Tuk77]

According to Chersky, this is far from all the problems.
Sanctions apply to ALL SHIPS engaged in laying SP-2. Those. as soon as Cherskiy’s involvement in the project is announced, he will immediately fly under sanctions.
Now the question is: who will give permission for environmentally unsafe work in the coastal zone to a ship that is under US sanctions? After all, no presence of even a dynamic positioning system on board will save.
Is it really not clear that the States have taken a decisive position and will go all the way?
Even if there are no legal reasons for refusing Chersky, will the USA connect environmentalists and block permission to work on any? Is it really incomprehensible?
Next.
There is no doubt for you that the gas pipeline will be completed.
Do not share your thoughts - how? How will it be completed?
By whom?
So, with all the desire, I don’t see a way to finish it now.
Allseas left the project completely.

[mikh-korsakov]

My confidence that the gas pipeline will be completed is based on affirmative statements about this by the leading persons of the state - I, like the vast majority of the population, have no other sources. To say otherwise would lead the discussion into a field of useless rhetoric. Here, with a more or less degree of competence, we can only discuss technical details by virtue of engineering knowledge. But the leading people (Kozak, Lavrov, Medvedev omit, because I do not believe him) certainly have the fullness of information, including political, and still have not been noticed in failures. I was inclined to believe them until literally today. But just now, I read Putin’s New Year’s address to Trump, in which an old song sounded about the desire to build relationships. This is a bad sign for me. This means that the president, against the backdrop of an obvious attack against Russia, started an old song about the non-resistance of evil to violence, which has repeatedly led to failure. Therefore - now I do not know.

[Tuk77]

It's nice that you do not go aside from the conversation, but correctly and intelligently state your point of view.
Your position is clear.
The trouble is that the Russian authorities do not give any intelligible explanations about what is happening with the SP-2. It all comes down to a mantra - sanctions are late, we'll build it anyway. So we are in favor with both hands.
Just wondering how?
Who will build in the current situation?
No answer. We see only some shyness, throwing ... Inexplicable performances ... Either Allseas will return, then Chersky will connect ...
It is clear from this that the authorities did not have any plan "B", for them everything that happened was a complete surprise.
The states really carried out the operation with lightning speed, no one in Russia expected such an outcome.
Now the situation is awful. I don’t see any options to complete the gas pipeline. Absolutely none.
In addition to serious geopolitical concessions on our part, I have already spoken about this.
Then, perhaps, the States will remove the lock.

[mikh-korsakov]

Tuc77. Currently, Putin's position on the SP-2 has not been publicly announced. Therefore, "jumping around, throwing" can be compared with the behavior of a hen, whose head was chopped off. On the part of the courtiers in the retinue, there is a secret struggle for a prize for the correct prediction of the president's position. But on the part of people involved in business, a clash of opinions is also possible on the basis of developing an optimal solution, which is normal. Here the waves began to go over the carpet. But you are right that the blow was unexpected, especially against the background of the fact that Denmark, a staunch ally of the United States, gave permission. Everything seemed to be behind. I am not a supporter of discussing in the style of pique vests, but I will blurt out that Germany has a much better chance of settling the matter than the Russian Federation, simply due to the presence of leverage and the strength of its economy.

[Incognito777]

confidence that the gas pipeline will be completed based on the affirmative statements of the leading persons of the state about it

This is not about these persons by chance ??)

June 28, 2015, 21:14 / Business
Gazprom is ready to discuss gas transit through Ukraine even after 2019

New contract for gas transit through Ukraine will not be concluded under no circumstances, even if the moon becomes the sun, said two weeks ago, the deputy chairman of the board of Gazprom, Alexander Medvedev. Gazprom, after 2019, will refuse to transit gas through Ukraine - deliveries will be redirected to the Turkish Stream, Alexey Miller announced Gazprom’s presidency in April. He promised that Gazprom would build the Turkish Stream to the Greek border, and then Europe must pull the pipes itself if, after 2019, it does not want to be left without Russian gas.

You can remember another "leading" character, with his statements about pensions and wooden macs ..

For a long time it is time to learn to face the truth, and not try to hope until the last and believe the most finished balabol ..

[mikh-korsakov]

Novel! I don't need to read the notation. But I also distinguish demagoguery from real concern about the cause. There are commentators, like Siberia 77, with whom it is interesting to correspond. because they are arguing, not quotes. As for the ability to train them, I also know how. I read your comment about the dangers of Gazprom. And it is interesting to be curious who would personally "give" Gazprom. I foresee the answer to the PEOPLE! How is it to the people? Me, my brother and Marya Ivanovna?

[the lord]

Did someone talk about transferring Gazprom to someone? Alas, Incognito777 in this case only pointed to the statements of the figures of Gazprom, who turned out to be a shit.
And he suggests not believing in the delay of sanctions. Ours really got stuck and you can only expect either a freezing of the project under the hooting of enemies, or so much as to set that the breakeven point of these flows moves over the posthumous date of our guarantor. And given the long-time cowardly nature of our leadership, which all the people have already called the game of long chess (a new analogue of the KhPP), the concessions will certainly be big.

[Incognito777]

I like notations and did not read ..
And quotations than do not pull on the arguments ?? In my opinion, just quotations are the best way to convey the fact that there is no faith in the "leading figures" ..
Well, citing the same quotes confirming the "harm" of Gazprom .. I did not more than state the fact itself .. Whether someone likes it or not ..
As for whom I would give to .. this is a completely different story .. If I speak out about the fact that our President is plundering the country, and helping my oligarch friends to get rich, does this mean that I should immediately indicate who Would I put him in his place ??)
PS .. maybe you should give it back .. Using the example of a neighboring country, we see perfectly that even a former clown can manage a state ..

[Sergst]

Of course ours! After all, it later turned out that another 30 days could work.
Just kidding, of course, but "in every joke ..."

[Tuk77]

As you can see, the Russian government was completely unprepared for this.
According to his obscure answers, this can be perfectly understood.
They hoped for the eternal Russian "maybe".
And they got what they got.

[Siberia 75]

Quote: Tuk77

the Russian government turned out to be completely unprepared for this.
According to his obscure answers, this can be perfectly understood.

We use different sources of information.
I saw a calm reaction to the expected sanctions. The only thing I agree with is the fact that everyone exhaled and thought, finished building without serious provocations. But no.
Now the Government and Gazprom are deciding how to complete it with minimal losses.
And there are options.

[the lord]

C'mon, did you see a calm reaction right? But I saw a diligent shift of people's attention to pleasant news, such as a train to the Crimea, and slurred streamlined wording on transit with ukraim, we were presented with a lope, but they took so little!))) But in reality we feed Bandera again and objectively complain : Europe, are you really a colony of the United States?

[Siberia 75]

Quote: znavel

And I saw a diligent shift of people's attention to good news, such as a train to the Crimea

Well, you know, even insanity (sorry) must have reasonable boundaries
The idea that the opening of the Crimean Railway Bridge is timed to coincide with the American sanctions against the SP-2 is even too much for the "pan-head"

[the lord]

Lelek, it's funny how you, a quilted jacket, wrote down the heads in the pan)))) Did I write something about the connection between the opening of the bridge with SP2? Or is the Chukchi not a reader, but a writer? There was a problem with the continuation of the construction of SP2 - even the nightingales began to mow to the side and yell louder at the kovtun in order to translate the topic on the bander as soon as possible. At the same time, there is nothing at all about "Professor Chersky" in the news on TV. There are no details about how the government is going to solve the problem, and for a long time. Only about the Crimean bridge with train trains and fleetingly about the payment of a bunch of lards to Bandera, so ... about by the way)))))
I understand, it requires confusion to drown for everything good in everything that is done by our darkest, but ... at least some criticality to the actions of our top managers must be.
I read about "Professor Chersky" that he was allegedly bought back in 2016. and here people claim that it is necessary to remake it under SP2, how so? What have not been adapted before? Have you forgotten how to read problems? And I only read about the completely stopped work of SP2 here - not a word about it in the news. You can puff out your cheeks, but for me I didn't even come close to the edges))))

[Siberia 75]

Quote: znavel

Lolek

Despite the fact that now I am engaged in agriculture and construction,
In me, they still recognize the intellectual and are rude. Sadly ((((

[the lord]

Well, really excite: your accusations of insanity and pan-headness were also not from the "Dear sir ..."

[Incognito777]

Gazprom will suffer losses, which means that the people of Russia will also suffer losses, because social programs and national projects partially go from taxes Gazprom.

Do not be so naive ..
It’s just that Gazprom exists thanks to society ..

September 28, 2010, 21:38 / Business
"Gazprom" for the first time will receive subsidies from the state budget
For the first time, Gazprom may receive subsidies from the budget - 24,5 billion rubles. until 2014 for the purchase of gas from Sakhalin-2.

11.07.2017, 19: 09
State subsidies to Rosneft, Gazprom, Sberbank and VTB accounted for 0,4% of GDP

Gazprom's revenues will fall out of the budget
Russia compensates for monopolies Belarusian losses
"Kommersant" from 10.10.2016, 22:14
Belarus has achieved a reduction in the price of Russian gas, and the Russian budget will have to compensate Gazprom for the revenue lost due to this. According to Kommersant’s data, this year the Russian Federation will have to pay 25 billion rubles, and in 2017 the amount of the gas subsidy can reach 56 billion rubles.

According to Russian media reports, in 2016 and 2017, Gazprom may receive from the budget of the Russian Federation 81 billion rubles in the form of “compensation” for the discount on gas that it provides to Belarus. Is there really this discount? And is it fair that the citizens of Russia will compensate for the shortfall in income of the largest capitalist monopoly?

August 14, 05:16 / Updated August 14, 20:29 / Business
Gazprom asks the government for money for two giant projects in the Baltic

Where to get funds for VEB, Miller does not write. But in June, Deputy Finance Minister Andrei Ivanov said that funds for the National Welfare Fund (NWF) could be used to finance the complex in Ust-Lug, while Siluanov also allowed this.

Budget funds - almost 150 billion rubles needed for the initial stage of investments in Ust-Luga - through VEB will be provided to the operators of both projects in the form of five-year bridge loans: 74 billion for the construction of the gas and chemical complex and 75 billion for the gas processing plant.

And similar news, a wagon and another trolley ..

Summarizing - the people of Russia will suffer losses in any case, regardless of what is there and how Gazprom will develop.
And therefore, I recommend just getting the popcorn, and watching with curiosity what is happening, while not forgetting that the United States’s sanctions are not in a perverted form by the people of Russia, namely the thieves' leadership of Gazprom, and our so-called government .. And therefore, the harder - the better ..
This is exactly the case when they say - the enemy of my enemy is my friend ..

[Sarmat Sanych]

mikh-korsakov, again, where the hell did you suffer. We repeat the ABC: Gazprom state by 51%, Western investors by 49%, these 2,9 billion were deferred back in 2017, the state paid only 1,5 billion from them, while on a 2009 contract with gas at $ 450 per 1 thousand. cube concern tore off the outskirts more than this penalty. Further, SP2 cost € 9,5 billion, Gashprom invested only 5 billion (i.e. the state only 2,5 billion), the remaining € 4,5 billion Gazprom partners in SP2 - Wintershall, Gazini, OMV and others. Roughly speaking, divide all the costs of the state of Russia in this project FOR FOUR. With regards to payback, there is only one comparison. SP1 is similar to SP2, and here it was recognized by GlobalPlatts (the leading rating energy agency) in Singapore in the fall of 2018 at the World Energy Congress (our office took the Russian delegation there) as the most cost-effective energy project of the last decades, those € 9 billion for SP1 have fought back in 4 years of operation despite the limitations of the European Commission. Believe me, SP2 will also be sold off instantly, on transit alone (instead of ukroGTS) 60 billion cubic meters (and not 55 as some people think) will immediately save $ 2 billion a year.
By the way, Gazprom's export can be increased to Europe even without the Ukrainian gas pipeline, this allows the new German onshore gas pipeline Eugal, the route of which runs through Germany to the Czech border, parallel to the Opal gas pipeline. The construction of Eugal has been completed, it will be operational from January 1, 2020, Gazprom will redirect part of the gas from JV1 operating at full capacity to a new pipe. The launch of Eugal will ensure the full load of JV1; this new gas pipeline will supply gas volumes lost due to restrictions imposed by Poland's victory in court, about 20 billion cubic meters per year. At its peak, Opal pumped up to 103 million cubic meters a day, but after the decision of the European Court of Justice on the claim of Poland, the volumes fell to 50 million, and last week - to 12 million. This was due to an increase in supplies through another branch - the Nel gas pipeline, through which gas goes to north-west Europe, as well as due to the growth of transit through Ukraine. Therefore, after the launch of Eugal, SP1 will operate at full capacity. Gas will go through Opal and Eugal, and the remaining 17-20 million cubic meters per day will go through Nel.

[rocket757]

At Forbes, US Sanctions Against Nord Stream 2 Called Belated and Unhelpful

Sanctions, they are sanctions in Africa. Time will tell who. what and how he achieved.

[jovanni]

On the contrary. The one who made the decision on the sanctions did everything perfectly. We invested there to the fullest, babosov spent a lot. All sorts of regular propagandists have already trumpeted about the victory over the "partner" evil, and bureaucrats have already assigned prizes to themselves. And then a bummer. No profit, only losses. And it is not known when everything will pay off now. How and who will complete the styling. Of course the bureaucrats rushed over the ears to ride that normal, we ourselves will finish everything. Like right now, we'll put on our marsh boots, and we'll climb to lay the pipe. Probably someday and somehow we will finish it. But by that time the Americans will have established their gas supplies. And they will prepare some other bummer for us, there is no doubt about it. They know how ...

[aszzz888]

US "prescribed" until January 20I, to all companies involved in laying the pipeline along the bottom of the Baltic Sea, to stop work,

But have you stopped work early?

Two pipe-laying vessels, Pioneering Spirit and Solitaire, owned by the Swiss company Allseas, left the waters of Denmark and are sent to the German port of Mukran, according to the MarineTraffic positioning system on 22 December. They were busy laying the last subsea section of the Nord Stream 2 pipeline, but were forced to stop work due to US sanctions against the project.

[DymOk_v_dYmke]

Recall that the United States “ordered” by January 20 all companies involved in laying the pipeline along the bottom of the Baltic Sea to stop work, threatening in case of “disobedience” measures of economic impact. One such measure is freezing dollar bills.

Pensive situevina.
Gazprom also has dollar bills.

[_Ugene_]

The authors of the materials note that the construction of "SP-2" has already been completed by almost 95 percent, therefore "sanctions are becoming practically useless."

Well, yes, only in the first we again had to conclude a contract with Ukraine for 5 years, and in the second, now we plan to complete the joint venture only by the end of 2, and the decision of the Bundestag, which removes the SP-2020 from the action of the Third Energy Package, is valid until 2 May 23 The completion of SP-2020 before this deadline would allow Gazprom to put it at full capacity - 2 billion cubic meters of gas per year, and now SP-55 will not be completed by that deadline, which means that only half of the gas will go through the pipeline -2, 27,5 billion cubic meters and Gazprom will be forced to maintain Ukrainian transit in the future.
Here are the useless sanctions.

[Al_lexx]

It seems to me that this seething will end soon. And after a year no one will remember about this situation, about how about laying the Crimean bridge.
And first of all, this will happen with the participation of Europeans. Yes, they twist their hands, but any pain has its limits.
That is ... The pepper is clear that the topic is acute, but in Europe they know how to count money and, in turn, will push this project.

[Ros 56]

The sanctions against SP-2 are already the last convulsions of the striped ones, well, they have no methods "against Kostya Saprykin," so they throw up all kinds of crap.

[Lelek]

Quote: Ros 56

here and throw every crap.

Yuri, this is not a crap, but a competently and brazenly carried out sabotage against the deadline for the completion of SP-2. Such tricks of the United States in violation of all the rules, agreements and norms of trade will be constantly repeated while "Mr. Bucks" and his guardians - the US banks - are sitting on the Olympus. And this will be regardless of who will reign in the White House. We must proceed from this situation and make calculations in our international events.
At the same time, I congratulate the members of the forum on the upcoming New Year, may God help us and the "white rat".

[75 Sergey]

Well, why useless and not on time, for me as it is.
Money swelled up, couldn’t start, the hostile regime through transit we support another 5 years and oil 10.
In general, a strange situation, Brezhnev LI, when he planted Eropa on an oil and gas needle, somehow he imagined otherwise that if Europa squeaked, the valve would be diminished. And then for some reason, such a mechanism does not work, maybe if the valve is closed, then someone else's pocket will decrease?
It may make sense to say that if they don’t want to receive LNG-2, then they won’t get it in any way.

[Victor March 47]

“In the material, Forbes additionally notes that the development of the so-called“ green ”energy in Europe in the near future will definitely not lead to a decrease in demand for natural gas from the Russian Federation. And natural gas itself, it should be added, may well be attributed to the same "Green" energy, as the environmental pollution from its operation is minimal. "

Methane is a more greenhouse gas than carbon dioxide. Emissions from natural sources - this is the reason, the main warming of the planet. It follows that its active burning weakens the effects of methane. The necessary energy is generated and the pressure of the atmospheric methanization press is reduced.

[Lelek]

(The author writes that in Berlin and Paris they do not intend for the second time to switch to the Cold War with Moscow, given the fact that cooperation with Russia in the energy sector promises Europe significant economic advantages.)

In a telephone conversation between GDP and Merkel, the latter confirmed Germany’s commitment to complete SP-2.

[Gennady Fomkin]

to annoy even those who "hate Russia."

[Gennady Fomkin]

Quote: Jovanni

On the contrary. The one who made the decision on the sanctions did everything perfectly. We invested there to the fullest, babosov spent a lot. All sorts of regular propagandists have already trumpeted about the victory over the "partner" evil, and bureaucrats have already assigned prizes to themselves. And then a bummer. No profit, only losses. And it is not known when everything will pay off now. How and who will complete the styling. Of course the bureaucrats rushed over the ears to ride that normal, we ourselves will finish everything. Like right now, we'll put on our marsh boots, and we'll climb to lay the pipe. Probably someday and somehow we will finish it. But by that time the Americans will have established their gas supplies. And they will prepare some other bummer for us, there is no doubt about it. They know how ...

Well, you don’t tell the burghers to the fullest, babosov has been spent a lot. € 2 billion has already been invested.

[Gennady Fomkin]

Quote: Victor March 47

“In the material, Forbes additionally notes that the development of the so-called“ green ”energy in Europe in the near future will definitely not lead to a decrease in demand for natural gas from the Russian Federation. And natural gas itself, it should be added, may well be attributed to the same "Green" energy, as the environmental pollution from its operation is minimal. "

Methane is a more greenhouse gas than carbon dioxide. Emissions from natural sources - this is the reason, the main warming of the planet. It follows that its active burning weakens the effects of methane. The necessary energy is generated and the pressure of the atmospheric methanization press is reduced.

Are you a fan of "green stuff? Not that technology to replace gas, oil, nuclear fuel."

[Gennady Fomkin]

Quote: Tuk77

Since the terms of the contract are not even voiced even now, it is highly likely that the contractor (in this case, Allseas) has negotiated a secure early termination of the contract in the event of force majeure. For American sanctions were expected, and Allseas is far from being fools.
So, we will most likely be compensated by Alexander Sergeyevich Pushkin.

Who is this for us? Law-abiding German burghers flew

[Positiv]

The essence of all this is that everything domestic needs to be created .. In the USSR, from needles to orbital stations, they were created and we were not afraid of any sanctions and other things ..

[Connor MacLeod]

It seems there is a pipe layer. Everything will be fine ...

www.interfax.ru/amp/689704