On 5 September, the Nord Stream 2 company began laying the first pipes in the Gulf of Finland, thus marking the start of the gas pipeline’s construction.
A deal for France’s Total to acquire a 10% stake in the Arctic LNG 2 project for US$2.55 billion was struck during the International Economic Forum in Saint Petersburg.
In recent weeks the US has stepped up its campaign against the Nord Stream 2 project.
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.
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 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.
Although in the 1990s the Russian Far East was not an important region in Russian central government’s internal policy, when Vladimir Putin assumed the presidency it was declared strategically significant.
Thirteen ministers responsible for energy issues representing various EU member states – Italy, Portugal and Central and Eastern European and Scandinavian countries – took part in the discussion on the proposed mandate.
On 24 April in Paris, Nord Stream 2 AG signed agreements regarding the financing of the Nord Stream 2 gas pipeline construction project.