Nord Stream-2 Gas Pipeline will be awful for Germany and North Atlantic Treaty Organisation

Friday, 13 Jul, 2018

Washington repeated a warning on Wednesday to Western firms invested in Russia's Nord Stream 2 pipeline to Germany that they were at risk of sanctions, and said Moscow was using the project to divide Europe.

History has shown that Russian Federation has a penchant for attempting to control Europe by cutting off energy supplies. There are always other options, the US secretary said, noting that the parties had held frank discussions on Nord Stream 2. "Russian gas can and should be part of the European market, but that market needs to be open and competitive". I think it's very bad for Germany. We're protecting Germany, we're protecting France, we're protecting all of these countries.

"I have to say, I think it's very sad when Germany makes a massive oil and gas deal with Russia, where you're supposed to be guarding against Russia, and Germany goes out and pays billions and billions of dollars a year to Russia", he said.

"The question is what happens to Germany's gas imports when the Netherlands stops exporting its gas".

"Germany closer to the United States, because in many ways much more dependent on the USA than from Russian Federation".

Trump's attack on Nord Stream 2 has triggered harsh reaction in Germany. "But if Germany opts to drop this new pipeline, then obviously the opportunity for LNG would be much greater", Kokin said.

He added the USA criticism of the planned Nord Stream 2 pipeline was rooted in Washington's desire to encourage European Union nations to buy more expensive liquefied gas from the U.S.

The European Union has stressed that Russian gas transit through Ukraine should be maintained after 2019 when the contract expires even if Nord Stream-2 is built. On the contrary, it will become guarantor of stability, Russian Presidential Spokesman Dmitry Peskov told reporters, commenting on the statements made by President of the United States Donald Trump. He said he also mentioned tripartite talks [on gas - EU-RF-Ukraine], which they will hold.