Engie

New U.S. sanctions against Russia could jeopardize Nord Stream 2 and TurkStream projects’s finish, Russian energy giant Gazprom warned Tuesday.

In its third quarter report, Gazprom said the sanctions will have a negative impact on the company’s foreign investments and put the gas line projects at risk.

Russian gas giant Gazprom does not rule out the possibility of building new gas pipelines to meet the increased demand for energy from Europe. This was stated by Deputy Chairman of Holding Alexander Medvedev in an interview with TASS.

European Commission Vice-President for Energy Union Maros Šefčovič and Russia's Energy Minister Alexander Novak plan to meet in the autumn to discuss EU-Russia energy relations, including security of supply, a European Commission spokeswoman told New Europe.

The executive board of Greece's privatization agency, the Hellenic Republic Asset Development Fund (TAIPED), is set to approve a short list of candidates for the acquisition of a 66 percent stake in natural gas transmission system operator DESFA.

Gazprom said on Aug. 14 that new U.S. sanctions against Moscow would not result in the Russian gas exporter having to make changes to key projects, although they could cause delays.

Russia has nominated former German chancellor Gerhard Schroeder to the board of its biggest oil producer Rosneft as an independent director, according to a government decree published late on Aug. 11.

Greece received six expressions of interest for the sale of a 66% stake in state natural gas grid operator DESFA, the country’s privatization agency (HRADF) said in a press release on Monday.

The investor groups that responded to the tender are:

There were expressions of interest from Europe, the USA and Qatar on Monday for a majority stake in Greece's natural gas transmission system operator DESFA.

The Hellenic Republic Asset Development Fund (TAIPED) managed to attract the interest of six bidders for the 66 percent stake in the gas firm. Most of the investors are from Europe.

Sources from the government and the state sell-off fund (TAIPED) express their optimism for the first stage of a tender for the privatization of gas grid operator DESFA that is to be completed on Monday with the expression of interest from potential investors.

Russia on July 10 said its energy investments had suffered "sabotage" from political factors, pointing to troubles over expanding the Nord Stream pipeline that pumps gas to Germany.