The US may introduce sanctions against German companies for Nord Stream-2

Source : 112 Ukraine

Francis Fannon claimed that European reliance on Russian gas makes them strategically vulnerable
22:19, 27 July 2018

Open source

The USA may introduce sanctions against German energetic companies and number of other European countries that take a part in the building of Russian gas pipeline Nord Steam-2. Francis Fallon, Deputy Secretary of the US for Energy Resources claimed this, according to Voice of America.

According to him, the USA is endorsing the continuity of the gas transit through Ukraine.

Related: Nord Stream 2 pipe laying kicks off in Germany

‘We continue endorsing the gas transit through Ukraine. The best thing that would ensure Ukraine the possibility to be an important partner in the gas transit area for Europe after 2019 is to ensure that Nord Stream-2 and TurkSream are not built,’ Fannon stated.

The Deputy Secretary claimed that European reliance on Russian gas makes them strategically vulnerable.

‘Russia can and should remain a gas supplier to Europe, but should not dominate the market in order to achieve its hostile political goals,’ he noted.

Related: U.S. opposes Nord Stream II construction, - Bureau of Energy Resources

Also, he thinks that Nord Stream-2 will divide Europe and will enhance Russian abilities to use their energy resources for political pressure and harmful influence.

As is known, Gazprom and his partners are intended to begin the realization of the Nord Stream 2 project, which costs ten billion dollars in April 2018. It is expected that the 1200 km gas pipeline will be laid through the Baltic Sea, and will connect Russia and Germany passing Ukraine, Poland, and Baltic countries. The capacity of the gas pipeline will be twice increased than the first Nord Stream. The construction is estimated to be completed by the end of 2019.

Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

see more