#AceFinanceReport – Dec.31: 10:32: 30/12/2019: SWISS ALLSEAS DOES NOT PLAN TO RESUME LAYING NORD STREAM-2 GAS PIPELINE, WILL SEND PIPE LAYERS TO ANOTHER JOB SITE – COMPANY © Sputnik
Nord Stream 2 Pipeline to Start Operating, Albeit With Delay – Kremlin
MOSCOW (Sputnik) – The Nord Stream 2 pipeline will be put into service despite Allseas’ refusal to complete pipe laying over Washington’s sanctions, there will be a delay, but Russia has the necessary capacities to implement the project anyway, Kremlin spokesman Dmitry Peskov said.
When asked whether Russia planned to impose any sanctions on Allseas, Peskov said this was a “commercial matter that cannot be made public” The Kremlin spokesman also said that it was impossible to reveal the new date of Nord Stream 2 bringing into operation.
“I do not think that anyone would reveal the date now. Some objective force-majeure circumstances have emerged … [due to] actions of a third country circumventing international law and the rules of international trade and commercial relations. Yes, this creates problems”, Peskov added.
Meanwhile, he reaffirmed that the project would be implemented anyway.
© Sputnik / Ilya Pitalev
US Threatens to Sanction Nord Stream 2 Contractors Unless They ‘Immediately’ Start Wind-Down
The Swiss company of Allseas has suspended pipe laying amid threat of US sanctions against the pipeline for carrying Russian gas to Europe, which are envisioned in the US National Defense Authorization Act for the 2020 fiscal year:
The Nord Stream 2 is a joint venture between Russia’s Gazprom and five European companies: The 745-mile-long twin pipeline will carry up to 55 billion cubic meters (1.942 trillion cubic feet) of gas per year from Russia to Germany through the territorial waters or exclusive economic zones of Denmark, Finland, Germany, Russia and Sweden. Washington has been long opposing the project while trying to promote its liquefied natural gas to the European market.
#AceNewsDesk reports ………….Published: Dec.31: 2019:
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