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Russia plays down US sanctions impact on Nord Stream-2 gas pipeline

ST PETERSBURG, Russia (Reuters) — The US financial sanctions will not delay the construction of Russia’s Nord Stream-2 undersea gas pipeline to Germany, the project’s technical director told reporters on Friday.

Nord Stream 2 - Resized (1)
Nord Stream 2

Sergei Serdyukov also said that Russia has an alternative route for the pipeline under the Baltic Sea bed if Denmark blocks the construction in its territorial waters.

The US sanctions over Moscow’s alleged interference with the 2016 presidential elections as well over its role in the Ukraine’s crisis limits western fundraising for the Russian companies.

Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; editing by Katya Golubkova

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In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective.
Editorial Comment
-Adrienne Blume
The US East Coast will send out its first LNG exports in early 2018 as Dominion Energy’s Cove Point LNG export facility in Lusby, Maryland becomes operational.

The New LNG Imperative

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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

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