Gazprom's chances of completing Nord Stream 2 approach nil


The likelihood that Nord Stream 2 will never be built has increased dramatically. The International Group of P&I Clubs made it clear that it would not issue insurance to any Russian ship involved in the project. And others, alas, are not.


To call a spade a spade, this is practically a complete fiasco of Gazprom. When constructing a pipeline bypassing Ukraine, the management of the state corporation did not take into account how seriously the United States was determined to reduce Russia's share in the European gas market in favor of its LNG producers, and very naively decided to play with the Americans in their field. The result turned out to be logical.

Late last year, President Donald Trump imposed sanctions on pipeline contractors who immediately dumped it at 93% ready. Since then, the pipe rests peacefully at the bottom of the Baltic Sea. Then began a months-long "odyssey" of the only Russian pipe-laying vessel capable of completing the construction of Nord Stream-2 by Gazprom. Having passed half of the world in a roundabout way, the "Akademik Chersky" now stands idle in the German port. This vessel, as well as a number of other auxiliary ones, simply do not have the right to start work due to the requirements of Denmark, in whose territorial waters there is a problem section of the pipeline. Akademik Chersky does not have the necessary insurance from an international company, which is why it will not even be able to enter the port to load with pipes. And, apparently, the Russian ships will not receive this insurance.

The International Group of P&I Clubs accounts for about 90% of the maritime insurance and other services market. This organization is not ready to fall under the new US sanctions, announced by President Trump, for the sake of Gazprom. One contract isn't worth losing your entire business. It would be more than naive to count on the remaining 10% of companies, for example, Asian ones.

Now some domestic experts are proposing to create a mechanism for bypassing US restrictions. For example, specifically for the Nord Stream 2 project, register a certain state insurance company that would bear the full burden of the anger of the American Ministry of Finance and, having done its job, would have died. Yes, of course you can do it. But the problem is whether Denmark itself is willing to turn a blind eye to such "cunning schemes."

So far, Copenhagen is torn between Washington and Berlin, trying to please the former and not splitting up with the latter. Now the Danish authorities are looking at whether the FRG will be able to defend Nord Stream 2, and will make a decision based on this. Delaying the process is guaranteed: with a probability of 100%, the gas pipeline will not be commissioned in the first half of 2021. But if Chancellor Merkel allows herself to be “convinced” of the Kremlin’s guilt for poisoning opposition leader Navalny, this energy project can be put to an end. If Friedrich Merz replaces her next year, any economic cooperation between Russia and Germany.
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  1. Mihail55 Offline Mihail55
    Mihail55 (Michael) 25 September 2020 11: 47
    -8
    And now the authorities will be trumpeting this failure when all kinds of taxes, unemployment and other troubles increase! I'm not talking about a pandemic.
    1. Revival777 Offline Revival777
      Revival777 (Sergei) 26 September 2020 14: 02
      0
      And how they knocked on the chest with a heel that we will finish building in 2 more days, and this is a year ago
    2. Andkor1962 Offline Andkor1962
      Andkor1962 (Andrei) 4 October 2020 05: 02
      0
      Couldn't think of anything smarter?
  2. Vladimir Tuzakov (Vladimir Tuzakov) 25 September 2020 11: 53
    -1
    We are not aware of the underlying hydrocarbon games, so there is very little to comment on. Given the current state of demand for hydrocarbons, it makes no sense to rush to complete the SP-2, so they are pulling rubber with all sorts of political games ... Then nature will show that there will be a strong winter, the need will manifest itself, the gas pipeline will be completed under the applause of the Germans and others ... Only our politicians They conduct a very incomprehensible policy, as if they want to quarrel with everyone, this is possible if it is only thieves in power who are in a hurry to plunder on occasion, and then at least the grass does not grow ...
  3. Adrian Repin Offline Adrian Repin
    Adrian Repin (Adrian Repin) 25 September 2020 12: 23
    +1
    biased author
    1. Marzhecki Offline Marzhecki
      Marzhecki (Sergei) 26 September 2020 09: 18
      -1
      Yes, you say ... But can you say something about the case?
  4. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 25 September 2020 14: 24
    -5
    But what about the previous articles by different authors, that Gazprom has already peremog all and the pipeline will be built 130% ???

    There were reports of victories, prizes were received, and what if so?
  5. 123 Offline 123
    123 (123) 25 September 2020 14: 36
    +3
    The International Group of P&I Clubs made it clear that it would not issue insurance to any Russian ship involved in the project. And others, alas, are not.

    Lies negative You just need to go to the site to understand that this is not so. But why check the information? The reputation is already hopelessly lost. winked

    The Swedish club is a member of the International P&I Club (IGP & I). Thirteen P&I Clubs that make up an international group, offer marine liability coverage, protection and redress for about 90% of the world's marine tonnage.

    https://www.swedishclub.com/insurance/p-and-i/international-group-p#:~:text=The%20Swedish%20Club%20is%20a,
    the% 20world's% 20ocean% 2Dgoing% 20tonnage.

    This link is for those wishing to delve a little more into the essence of the question:

    https://www.insur-info.ru/press/61141/

    Why is it impossible to insure ships in Russian companies? SOGAZ -

    https://www.sogaz.ru/corporate/branches/170/

    Ingosstrakh -

    https://www.ingos.ru/corporate/transport/ships/

    Well, a few more:

    http://www.cargobroker.ru/information/article/marine-insurance

    Surely there are more of them, I did not look for them.

    To call a spade a spade, this is practically a complete fiasco of Gazprom.

    To call a spade a spade, this is another attempt to rivet on the knee "positive" news in the author's corporate style. Less than a month later, he predicted the inevitable bankruptcy of Gazprom. This is especially for the author data on bankruptcies in the United States (companies went bankrupt by capitalization for three Gazprom).

    https://www.haynesboone.com/-/media/files/energy_bankruptcy_
    reports/oil_patch_bankruptcy_monitor.ashx?la=en&hash=D2114D98614039A2D2D5A43A61146B13387AA3AE

    https://www.haynesboone.com/-/media/files/energy_bankruptcy_
    reports/oilfield_services_bankruptcy_tracker.ashx?la=en&hash=2BE6456FA3C1725E6C3588DE59C001602CD646DE
    1. onstar9 Offline onstar9
      onstar9 (Aslan Tsoutiev) 27 September 2020 17: 11
      0
      Well, there is no "bankruptcy" in Russia, unless it is a private enterprise ... Therefore, if the state does not declare a state-owned enterprise bankrupt, then it will not be bankrupt, even if there is nothing left but the press ... Gazprom has long been it is generally unclear in what state. This has long been a "gateway" of income, losses, contracts and other things ... There is no economic efficiency ... And there was never such a task ... Just a feeding trough and a "distribution center" of money and resources for the top of the country .. ...
      1. 123 Offline 123
        123 (123) 27 September 2020 17: 23
        +1
        Well, there is no "bankruptcy" in Russia, unless it is a private enterprise ... Therefore, if the state does not declare a state-owned enterprise bankrupt, then it will not be bankrupt, even if there is nothing left but the press ...

        Well, you probably know better what happens in Russia and what doesn't smile Want more examples? Yandex to help hi

        The Arbitration Court of the Lipetsk Region ruled on declaring bankrupt the federal state unitary enterprise "Yeletskaya Experimental Potato Station". Now the organization has introduced competitive supervision for six months.

        Gazprom has long been completely unclear in what state. This has long been a "gateway" of income, losses, contracts and other things ... There is no economic efficiency ...

        Really? smile And the numbers will be or suggest to believe the word? Judging by the first paragraph, this statement is not credible. No. I guess you don't know anything about this.

        And there was never such a task ... Just a trough and a "distribution center" of money and resources for the top of the country ...

        This is just a read out speech. I recommend writing such slogans on the fence, there they belong hi
  6. olpin51 Offline olpin51
    olpin51 (Oleg Pinegin) 25 September 2020 18: 18
    +2
    This situation cannot be resolved by legal means. There are certainly ways, but ....
  7. Kuramori Reika Offline Kuramori Reika
    Kuramori Reika (Kuramori Reika) 25 September 2020 19: 15
    +1
    I don't think such procedural tricks are a problem. As a last resort, Russia will issue government guarantees and let Denmark try to say that such guarantees are not international.
  8. cmonman Offline cmonman
    cmonman (Garik Mokin) 25 September 2020 19: 28
    +1
    And none of the readers exclaimed: “Hurray! But now, finally, we will gasify the remaining 30% of the country! ”
    1. 123 Offline 123
      123 (123) 25 September 2020 21: 00
      +1
      And none of the readers exclaimed:
      "Hooray! But now, finally, we will gasify the remaining 30% of the country! ”

      Naturally yes Our readers are mostly not stupid and understand that these two questions are not connected in any way. It's not about the lack of gas at all. Maybe it's time for yours to stop building terminals? Here other readers believe that your gasification level is not a little higher hi

      https://m.aftershock.news/?q=node/632507
      1. cmonman Offline cmonman
        cmonman (Garik Mokin) 26 September 2020 17: 11
        -2
        C'mon, man!
        In your opinion, if the island of Cyprus is not gasified, then it is uninhabited!
        Yes, there is no gas pipeline on the island, all houses / businesses there use gas from cylinders, so life there is expensive. By the way, Gorky did a great foolishness that he left there, the climate there is very good!
        And in the USA, gas is not supplied to many farms, but this does not mean that they do not use gas! Gas in cylinders is very cheap, popular, and, most importantly, it is available both in price and in delivery.
        In Russia, you can also buy gas_in_ cylinders, but not all households can afford it - there is no money! Therefore, firewood / deadwood ...
        You suggested an incorrect comparison, it is necessary to be “more vain” ...
        1. 123 Offline 123
          123 (123) 26 September 2020 17: 42
          +3
          In your opinion, if the island of Cyprus is not gasified, then it is uninhabited!
          Yes, there is no gas pipeline on the island, all houses / businesses there use gas from cylinders, so life there is expensive.

          Does "non-gasified" Russia mean uninhabited?

          By the way, Gorky did a great foolishness that he left there, the climate there is very good!

          As a rule, people live where they earn. I doubt that there were more fans of his work in Cyprus than in Russia. The climate is really good there. yes

          And in the USA, gas is not supplied to many farms, but this does not mean that they do not use gas! Gas in cylinders is very cheap, popular, and, most importantly, it is available both in price and in delivery.

          Here it is. what If there is gas in cylinders in Cyprus, then everything is bad and life is expensive; if in the USA there is gas in cylinders, then everything is fine and gas is cheap and affordable. By the way, I have been dragging about gas cylinders since childhood, the pipe is much more convenient.

          In Russia, you can also buy gas_in_ cylinders, but not all households can afford it - there is no money! Therefore, firewood / deadwood ..

          Oh yeah! Every morning, the unfortunate Russians think about how to cook the last hedgehog, gas or collect dead wood. winked
          In the US, things are probably different. The morning begins with a search for not looted shops, on the way you can kiss the shoes of all the African Americans you meet, on the way you must not forget to take a loan secured by the last kidney. If the day is not successful, you can catch a jerboa and roast it over a fire, for which you can disassemble a collection-panel house eaten by termites. smile

          You suggested an incorrect comparison, it is necessary to be “more vain” ...

          Indeed, what am I ... How can you compare with the shining hail on the hill. laughing
          So what about gasification? Do you intend to catch up with "backward" Russia or what?
  9. rusich Offline rusich
    rusich (rusich) 27 September 2020 08: 22
    +1
    The salary of managers and Miller will not be affected, and the lost profit will be taken from the population
  10. Moskal 55 Offline Moskal 55
    Moskal 55 27 September 2020 17: 53
    +1
    Perestroika and further to the present time is an attempt to unite with Europe. There are a lot of things under this. We've heard everything about Europe from Lisbon to Vladivostok. This is simply unacceptable for the United States. Some of the domestic elites agree to join "in parts", but Putin's only for a single state, for which I, for example, forgive them a lot. This is how the game goes. Predicting something about Nord Stream 2 here is just cheap show-off. Why didn't they ask us? The USSR should have not been allowed to be destroyed! And now, if we objectively evaluate us, we have far from the worst option, a lot of opportunities to make ourselves worse and very few opportunities to change something for the better.
  11. Mihail55 Offline Mihail55
    Mihail55 (Michael) 28 September 2020 11: 43
    0
    Gazprom supporters actively minus laughing
  12. Citizen Mѣshkov (Sergѣi) 28 September 2020 16: 22
    0
    Shut off the gas for them! If they deliberately interfere with the delivery of gas, then they do not need it!
  13. Denis K Offline Denis K
    Denis K (Denis K) 29 September 2020 18: 22
    0
    Well, here you need to create your own agency, and in all countries where this club is registered, apply for a CONSOLUTION, MONOPOLY, AND lost profits ....
    This requires lawyers ...
    And, accordingly, do not recognize the insurance bills of these companies on the territory of the Russian Federation.
    With planes flying, you can also do it selectively ..., just so far few of them fly ... through Siberia.

    Well, or not to let the Officials through the airspace ... (but then a response can arrive, but if you land a plane, and deport an official, but something was said that the aircraft is the territory of another state ... ...) who knows ??
  14. Dust Offline Dust
    Dust (Sergei) 30 September 2020 00: 00
    0
    It all depends on Merkel, how she decides and will. And as far as insurance is concerned, this is not a problem. They will create a one-day company, everything will be written off to it ...
  15. Petr Vladimirovich (Peter) 30 September 2020 17: 46
    0
    Here's what's interesting. Early 0s, a trip to an exhibition, a hotel in a village near the town of Siegen, Germany. There is gas, no pipes, gas tank. The tank arrives, refills. Who is stopping Gazprom from doing the same? Countrywide? The budget of the Russian Federation, which some of those who have not arrived for some reason confuse with the budget of the city of Moscow, receives from the severance tax. Foreign exchange profits are dragged abroad by commercial shareholders ... In Norway, the people are 10 million, state. Statoil company, the oil needle is even better than ours, Pension Fund 1 trillion!
  16. amateur Offline amateur
    amateur (Victor) 2 October 2020 05: 56
    0
    Quote: cmonman
    In your opinion, if the island of Cyprus is not gasified, then it is uninhabited!
    Yes, there is no gas pipeline on the island, all houses / businesses there use gas from cylinders, so life there is expensive. By the way, Gorky did a great foolishness that he left there, the climate there is very good!

    Bravo! To confuse the Italian island of Capri with Cyprus is a nomination for the Shnobel Prize for Literature on Geography.
  17. bobba94 Offline bobba94
    bobba94 (Vladimir) 4 October 2020 15: 17
    0
    Respect to the author! He threw it over the fan and laughs on the sidelines. At the end of 2019, Gazprom and Naftagaz signed a contract for pumping gas to the EU through Ukraine. The contract is for 5 years, in 2020 pumping of 65 billion cubic meters. meters of gas, in the remaining 4 years 40 billion cubic meters. meters annually. It is possible (and desirable) to extend the contract for another 10 years. Why be so excited now, why break spears ... I don't understand. I laugh with the author.