UAE deserves praise for its environment-friendly efforts, especially because it is one of the lowest Greenhouse GAS (GHG) emitters in the oil and gas world, said Frederick Kempe, CEO of the Atlantic Council.
by Bloomberg
|Wednesday, January 20, 2021
The future of Nord Stream 2 looks increasingly uncertain.
(Bloomberg) The future of Nord Stream 2 looks increasingly uncertain as the U.S. ramped up pressure on the project with new sanctions, and companies walked away from the controversial Russian gas link.
The new sanctions come just days before work on the pipeline is scheduled to start in Danish waters. Questions now remain whether the link, owned by a unit of Gazprom PJSC, will see further delays as the U.S. tries to limit Russian influence in Europe.
For its part, the Kremlin committed Tuesday to finishing the project while Gazprom warned of the political risks involved. In Germany, lawmakers have sought a legal workaround that they believe can protect a key port from sanctions.
Nord Stream 2âs future looks increasingly uncertain By Jeremy Hodges and Vanessa Dezem on 1/20/2021
Nord Stream 2 pipeline route
(Bloomberg) The future of Nord Stream 2 looks increasingly uncertain as the U.S. ramped up pressure on the project with new sanctions, and companies walked away from the controversial Russian gas link.
The new sanctions come just days before work on the pipeline is scheduled to start in Danish waters. Questions now remain whether the link, owned by a unit of Gazprom PJSC, will see further delays as the U.S. tries to limit Russian influence in Europe.
For its part, the Kremlin committed Tuesday to finishing the project while Gazprom warned of the political risks involved. In Germany, lawmakers have sought a legal workaround that they believe can protect a key port from sanctions.
Atlantic Council Global Energy Forum next week
ABU DHABI, January 12, 2021 The fifth annual Atlantic Council Global Energy Forum in Abu Dhabi, to be held next week, will focus on the challenges and opportunities in the post-pandemic energy system. The forum will convene this year in an innovative and interactive virtual format, from January 19 to 22. The event will bring together senior government officials, industry executives, energy ministers and recognised thought leaders, to set the energy agenda for the year. The forum will once again be held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.