Politics & Regulation

Merkel and Putin meet to talk about Baltic Sea Gas Pipeilne (photocosmos1 / Shutterstock).
Merkel and Putin meet to talk about Baltic Sea Gas Pipeilne (photocosmos1 / Shutterstock).

Merkel and Putin to meet for talks about Nord Stream 2

German chancellor Angela Merkel and Russian president Vladimir Putin are set to meet each other in Berlin this Saturday for talks about the controversial Baltic Sea Gas Pipeline, Nord Stream 2, which has been the target of raging criticism by US president Donald Trump and his administration.

NGPL Right-of-Way in Illinois (Copyright: Kinder Morgan)
NGPL Right-of-Way in Illinois (Copyright: Kinder Morgan)

US tariffs hike expected to hit Kinder Morgan gas pipeline project

US-President Donald Trump announced Friday to double tariffs on steel imported from Turkey to 50%. This could put additional pressure on Kinder Morgan’s proposed Gulf Coast Express Pipeline and dampen prospects for future US natural gas projects.

President Trump's Tariffs on Imported Steel Complicating U.S. Pipeline Construction (Media Whalestock / Shutterstock)
President Trump's Tariffs on Imported Steel Complicating U.S. Pipeline Construction (Media Whalestock / Shutterstock)

President Trump's Tariffs on Imported Steel Complicating U.S. Pipeline Construction

The Trump administration's decision to unilaterally impose import tariffs on steel has not been well received by American pipeline companies. Across the board there have been nearly 21,000 requests for exclusions submitted to the U.S. Department of Commerce. 500 such petitions involve steel or steel-related products.

Does North Korea Now Come Out of the Cold? (Zbitnev / Shutterstock)
Does North Korea Now Come Out of the Cold? (Zbitnev / Shutterstock)

Does North Korea Now Come Out of the Cold?

One of the more conspicuous developments since American President Donald Trump met with North Korea's Kim Jong Un earlier this month in Singapore has nothing to do with denuclearization but with the potential construction of a gas pipeline through North Korea and into the South. Discussions have begun to this end with Gazprom, which would deliver the gas and help in constructing the pipeline.

$800 billion energy infrastructure investment over the next 18 years in the US and Canada (tcly / Shutterstock)
$800 billion energy infrastructure investment over the next 18 years in the US and Canada (tcly / Shutterstock)

$800 billion energy infrastructure investment over the next 18 years in the US and Canada

The Interstate Natural Gas Association of America (INGAA) has issued an updated 2016 infrastructure report which depicts the massive changes in store for energy infrastructure in the United States and Canada. INGAA Foundation President Don Santa says "while we are now in the midst of a remarkable expansion of the pipeline network ... there will remain a need for new pipeline infrastructure.

U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners
U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners

U.S. Industry Associations Strongly Oppose Steel and Aluminum Tariffs on America’s Trade Partners

On May 31 the US-President announced the implementation of a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports from some of the nation’s strongest trade partners – Canada, Mexico and the European Union – drawing the ire of multiple American Industry Associations

U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project (Tomas Stehlik / Shutterstock)
U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project (Tomas Stehlik / Shutterstock)

U.S. Close to Imposing Sanctions on EU Firms Involved in Russian Nord Stream 2 Project

The Nord Stream 2 pipeline project, which shall deliver 55 billion cubic meters of Russian natural gas to the EU every year, has already been approved by Germany, Finland and also by Sweden.

Former German Chancellor Schroeder: The US pursues selfish interests (Tim Reckmann / pixelio.de)
Former German Chancellor Schroeder: The US pursues selfish interests (Tim Reckmann / pixelio.de)

Former German Chancellor Schroeder: The US pursues selfish interests

Gerhard Schroeder, the former Chancellor of Germany and current Chairman of the Board of Nord Stream 1 and 2, assailed the United States for seeking to stymie the development of Nord Stream 2.

Canadian Government Buys Trans Mountain Expansion Project (BILD LLC / Shutterstock)
Canadian Government Buys Trans Mountain Expansion Project (BILD LLC / Shutterstock)

Canadian Government Buys Trans Mountain Expansion Project

Canada's government is intervening in the conflict over the construction of Kinder Morgan's Trans Mountain Expansion Project with an unusual decision. To ensure the construction of the controversial pipeline, it is purchasing the whole project and the infrastructure needed to expand the pipeline from Kinder Morgan for 4.5 billion Canadian dollars (about 3 billion euros).

Pipeline shortfalls cost Canada billions (Anton Watman / Shutterstock)
Pipeline shortfalls cost Canada billions (Anton Watman / Shutterstock)

Pipeline shortfalls costs Canada billions

Due to a lack of capacity in the pipelines network, Canadian oil producers are forced to sell their products to the United States - with substantial price reductions. This is what the Fraser Institute, a Canadian think tank, found out in a study. In the current year alone this will cost the country's oil producers more than fiftheen billion Canadian Dollar.

Escalating Trade War Between China and the US Threatens Pipeline Industry (Shutterstock / rawf8)
Escalating Trade War Between China and the US Threatens Pipeline Industry (Shutterstock / rawf8)

Escalating Trade War Between China and the US Threatens Pipeline Industry

China has kept true to its promise of matching U.S. tariffs in scale and intensity by levying higher tariffs on $3 billion worth of U.S. goods, including a 15 percent tariff on the steel pipe that is used in oil and gas pipelines.

New US Steel Tariffs Cast a Pall Over the Pipeline Industry (Media Whalestock / Shutterstock)
New US Steel Tariffs Cast a Pall Over the Pipeline Industry (Media Whalestock / Shutterstock)

New US Steel Tariffs Cast a Pall Over the Pipeline Industry

President Trump's announcement of a 25 percent tariff on imported steel and 10 percent on imported aluminum has had a poor reception in the United States among energy companies and pipeline manufacturers, who fear they will likely take a hit.

Minnesota Completes Amended Review of Enbridge Oil Pipeline (Enbridge)
Minnesota Completes Amended Review of Enbridge Oil Pipeline (Enbridge)

Minnesota Completes Amended Review of Enbridge Oil Pipeline

As the name suggests, the multibillion dollar New Line 3 planned by Enbridge is to take the place of Line 3 (or "Old Line 3"). The original 1960 vintage 34-inch diameter pipeline runs 1765-km from Edmonton, Alberta to Superior, Wisconsin. Apart from being old, corroded and prone to mishaps, it lacks the newest technologies that the New Line would have.

Turkish warships on patrol (Thomas Koch / Shutterstock)
Turkish warships on patrol (Thomas Koch / Shutterstock)

Realpolitik, Turkey and Cyprus's Gas Fields

Recently, Cyprus said Eni had discovered a potentially sizeable gas deposit at another target southwest of the island, close to where Greek Cypriots reside on their southern half of the island. But no sooner was the announcement made that Turkey dispatched warships to keep ENI's drillship from reaching the drilling location: Block 3 of the Cypriot Exclusive Economic Zone (EEZ).