In the mid-1990s much of Nazareth's back catalog was remastered. Their record label, Castle Communications, took the opportunity afforded and requested that a new album be compiled, which was to became Greatest Hits Volume 2 (Essential ESMCD 597). This was to be a CD-only release that would cover the period from the band's 1979 album No Mean City to 1994's Move Me.
The artwork was designed to complement that of the original vinyl Greatest Hits, which was also included in the remastering program.
Because the record label was unwilling to produce a 2CD set of the double live album 'Snaz, six tracks were removed so that a remastered version could be released on a single CD. Rob Corich, who was doing the remastering, included three of these edited songs on Greatest Hits Volume 2 in an attempt to partially rectify this.
Additionally, not all the band's latest studio albums were included in this original remaster program and so Greatest Hits Volume 2 was the only opportunity afforded to fans to have at least some of these songs in remastered form. Eventually all the band's studio albums were remastered and issued (including a 2CD version of ''Snaz containing all of the tunes from the original double live album).