Russia pipeline news

Gazprom recently reviewed its goals of the ‘Year of Occupational Safety’, which was held in 2016. The company held workshops for managers and workers to help better organise and conduct hazardous operations. The initiative also promoted labour safety awareness among youth.

During a meeting with the head of BASF, Putin is reported to have stated that there is no politics behind the Nord Stream 2 pipeline.

Gazprom and Eni have recently signed a Memorandum of Understanding, which examines the potential co-operation in developing the southern corridor.

The presidents of Russia and Turkey have had a meeting to discuss the implementation of the TurkStream natural gas pipeline project.

Gazprom is set to announce a financing package for the US$11 billion Nord Stream 2 gas pipeline by the end of the month. The company also forecasts its gas export revenues to grow to US$35 billion in 2017.

Alexey Miller and Klaus Schaefer, of Gazprom and Uniper respectively, have confirmed their commitment to delivering Nord Stream 2 on time.

At a recent working meeting between Alexey Miller (Gazprom) and Rainer Seele (OMV), the parties discussed the crucial role that Nord Stream 2 will play and considered Russian gas supplies to Austria.

A construction contract has been signed for the second string of TurkStream’s offshore section.

Between 1 February and 15 February, Gazprom’s exports to Germany increased by 37%.

Gazprom and CNPC have recently been broadening their strategic co-operation in the energy sector, paying particular attention to projects for pipeline gas supplies from Russia to China.