The awards by the Arbitral Tribunal have radically changed the model of Ukrainian-Russian gas relations.
On 2nd March the CEO of Gazprom CEO, Alexei Miller, announced that two gas agreements with the Ukrainian company Naftogaz would be terminated.
On 28 February, Naftohaz announced that the Arbitral Tribunal in Stockholm had handed down a favourable ruling for the Ukrainian side in its dispute with Gazprom.
The company 50Hertz has announced that talks are ongoing to sell its shares in the State Grid Corporation of China (SGCC), owned by the Chinese government.
On 31 January, Nord Stream 2 AG obtained the consent of the Mining Authority in Stralsund for the construction of the Nord Stream pipeline 2 in Germany.
Vladimir Putin visited Cairo on 11 December. The main effect of the visit was the signing of four contracts linked to the construction of the El Dabaa nuclear power plant.
On 30th November the Danish parliament amended the law on the continental shelf in the section which concerns consent to lay pipelines and cables in Danish territorial sea.
The Czech president Miloš Zeman had voiced the support of the Czech Republic for the construction of the Nord Stream 2 gas pipeline.
In September, three out of five members of the supervisory board of Naftogaz, Ukraine’s largest gas company, announced their resignation.
On 27 September, the legal service of the Council of the EU issued a legal opinion on the EC’s proposal to the EU Council for permission to start negotiations with Russia.