May 17, 2018 10:13 a.m. The U.S. has threatened not only to oppose the project politically but to attack it economically as well. We also consider Nord Stream 2 an economic and commercial project, but it has other angles as well, so we need to think about guarantees for Ukraine in this regard," she added. The U.S. has long been opposed to the pipeline, citing Europe’s energy independence and the needs of Ukraine, whose role in gas transit from Russia would be undermined by the new route.
Sandra Oudkirk, U.S. While citing and using any materials on the internet that are open to search systems, hyperlinks to ukrinform.ua not lower than the first paragraph are mandatory. The officials said Mr. Pipes are loaded for stacking at the Nord Stream 2 facility at Mukran on Ruegen Islandon in Sassnitz, Germany, on October 19, 2017. Germany is the second largest natural gas consumer in the European Union, after the U.K.
It threatened sanctions, saying the project would increase Europe’s reliance on Russian energy supplies and damage neighboring Ukraine, which would be bypassed and lose gas-transit revenue. Europe's biggest economy is also the world's biggest importer of natural gas. U.S. action would put companies in Austria, France, Germany and the Netherlands at risk. Citing and using materials in ofline-media, mobile apps, SmartTV are allowed only with receipt of a written permission from "ukrinform.ua".
The Europeans are grown-up enough not to hurt themselves, and they are perfectly capable of dealing with Gazprom, which derives 62 percent of its revenue from Europe. Putin . More from Bloomberg.com: Who Leaked the Cohen Bank Report? Under Merkel, Germany has also set itself an ambitious goal of switching off all nuclear plants by 2022. Royal Dutch Shell Plc , BASF SE ’s Wintershall unit, Uniper SE , OMV AG and Engie SA are partners of Russia’s Gazprom PJSC in the project.
U.S. exports are so tiny because because transportation costs make American LNG more expensive than energy from the Middle East. But even though the EU has often appeared weak and ineffectual, it can also be stubborn, and the more pressure Trump brings to bear, the more it will push back. Trump urged Ms. It May Not Be Secret for Long Royal Dutch Shell Plc, BASF SE’s Wintershall unit, Uniper SE, OMV AG and Engie SA have agreed to provide Russia’s Gazprom PJSC with financing for the project.
NSC Official is NYT's Source American Airlines Passenger Arrested for Cursing Twitter Down, Not Working For Users Saturday How Do Trump’s New Orders Affect Federal Workers? It’s also at least 20 percent more costly than pipeline gas from the Russian producer Gazprom. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Merkel in April to withdraw support for the pipeline in exchange for kickstarting a new trade deal between the U.S.
The Nord Stream 2 was among the topics discussed when German Chancellor Angela Merkel met with Russian President Vladimir Putin on Friday in the southern Russian city of Sochi. Related Stories North Korea Says U.S. As an offshore project, it’s not covered by European Union energy legislation, and that bothers officials in Brussels. Leonid Bershidsky is a Bloomberg Opinion columnist covering European politics and business.
The Wall Street Journal U.S. Russia has been at odds with Ukraine since a 2014 political uprising there ousted a pro-Kremlin president. Defense Budget Belies Peace Talks Will Russia's Gas Dispute with Ukraine Create Chaos? Some Eastern Europeans, especially Poles, are dead set against the pipeline because they see it as a way for Russia to increase its influence. Never Mind the Millionaires. The U.S., German and their allies have been at odds with Russia particularly after Mr.
Nord Stream is meeting resistance across the political spectrum in Washington, including in the U.S. German Economy Minister Peter Altmaier said Europe will defend its interests if the US prioritizes its own over others. Construction has recently begun for the Nord Stream 2 project, a planned pipeline that would extend from Russia along an existing pipeline through the Baltic Sea into northeastern Germany.
The Associated Press FILE - In this May 8, 2017 photo steel pipes for the North Stream 2 pipeline are stacked in Mukran harbour in Sassnitz, Germany. Merkel and President Vladimir Putin discussed the pipeline’s future during a meeting in Sochi, Russia, on Friday. Earlier in the interview, Altmaier also defended the Nord Stream 2 pipeline, which Washington, along with many eastern European countries, would like to block.
Gas Infrastructure Europe/Reuters/Eurostat/Gazprom/Industry Data "Germany is convinced. Nord Stream 2, the planned Russian natural gas pipeline to Germany across the floor of the Baltic Sea, is the latest front in the growing conflict between Europe and the U.S. The EU is activating a so-called blocking statute to protect European companies from exterritorial U.S. sanctions for doing business with Iran.