At first glance, it seems the new Joe Biden administration will be adopting the same punitive policy vis-vis Nord Srteam 2 as its predecessor: Nord Stream 2 should not go into operation and sanctions should be used as a means to this end.
India’s Finance Minister, Nirmala Sitharaman in a recent budget speech announced plans to monetise (privatise) existing oil and gas pipeline infrastructure, which is operated by various state-owned assets including the Indian Oil Corporation (IOC), gas utility GAIL (India) Ltd and Hindustan Petroleum Corporation Ltd (HPCL).
For years oil companies' poor maintenance of Nigerian oil infrastructure including leaking pipelines has devastated the country's Bayelsa State in the Niger Delta.
As President Biden enters the Nord Stream 2 conundrum, asserting the pipeline is a "bad deal" for Europe, Gazprom has begun a public campaign extolling the virtues of a pipeline that will help Russia and Europe to meet its most ambitious climate goals.
Nord Stream AG said yesterday that "the laybarge Fortuna has started works in the construction corridor in the Danish EEZ, ahead of the resumption of the Nord Stream 2 construction."
While Russian gas producer Gazprom has acknowledged in a Eurobond prospectus that Nord Stream 2 gas pipeline project may be suspended or scrapped due to political pressure, the Kremlin followed on the same day to assert that the project would be completed.
Years of neglect brought on by nearly ten years of civil war has caught up with Libya's once formidable oil pipeline network.
The incoming Biden administration will cancel the 1931-km Keystone XL transboundary tar sands oil pipeline on Inauguration Day, 20 January, in line with President-Elect Biden's many gloomy prognostications on the pipeline.
Up to now, the Trump administration has merely threatened to impose sanctions on any company assisting with the construction of Nord Stream 2 on the floor of the Baltic. During the past several weeks, as construction on the last few kilometers has begun despite the threats, the U.S.
The Oil and Gas Regulatory Authority (Ogra) of Pakistan, has charged KE, the only vertically-integrated power utility in Pakistan, with the construction and operation of a 2.4-km short distance gas pipeline.
For the first time in their bilateral relationship Germany and Denmark have signed late last month an agreement on gas solidarity to ensure that in times of supply crises they will come to each other's aid and help their neighbor out. Thomas Bareiß, Parliamentary State Secretary at the German Federal Ministry for Economic Affairs and Energy, and Denmark’s Minister
Fortuna, the Russian pipe-laying vessel, has successfully completed the 2,6-km section of the Nord Stream 2 subsea gas pipeline in German territorial waters and is traveling to the Hanseatic German port of Wismar. The parent Nord Stream AG in Zug, Switzerland, said the ship will resume construction of the pipeline in Danish territorial waters by mid January.
The construction of gas pipelines within the EU has been facilitated in the recent past by the institution's support for cross-border energy projects, meaning they can receive EU funding and fast-tracked permits, according to the TEN-E (Trans European Network) rules.
Undeterred by the threat of punitive sanctions if work on Nord Stream 2 resumes, the construction of the last hundred plus meters of the gas pipeline on the seabed of the Baltic picked up again after a one year hiatus.
There is growing concern by Canada’s Energy regulator for the financial viability of two major pipeline projects. The first is the Trans Mountain expansion project and the second concerns construction of the Keystone XL pipeline.
