Germany negotiates with the US to preserve Nord Stream 2

Author : Focus magazine

Source :

The US is threatening to impose sanctions on the Nord Stream 2 Baltic gas pipeline, Germany responds with a counteroffer
17:00, 18 September 2020

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The United States is threatening to impose sanctions on the Nord Stream 2 Baltic gas pipeline. To prevent it, the German government apparently promised to pay the Americans one billion euros - first orally and then black and white.

Related: 6 ways Germany could kill the Nord Stream 2 pipeline

As the newspaper Zeit found out, the federal government is trying to save the problematic Baltic gas pipeline Nord Stream 2 with an offer, which is estimated at one billion euros. In early August, Federal Finance Minister Olaf Scholz made his American counterpart Steven Mnuchin a first oral and then a written proposal, which states that Germany is ready to finance the construction of two port terminals for the import of liquefied gas. Through terminals in the ports of Brunsbüttel and Wilhelmshaven, US companies intend to export American gas to Germany.

Related: Poland calls on EU to stop implementation of Nord Stream 2 for interests of Belarus and Ukraine

Changing ports in the North Sea to the Nord Stream 2 Baltic gas pipeline

In a written proposal sent on August 7 to Washington, the federal government promises to "significantly increase public support for the construction of" terminals "by committing to one billion euros." The US government threatened in July to impose penalties on companies involved in the construction of Nord Stream 2. One reason for American opposition is that President Donald Trump wants Germany to buy American gas instead of Russian. To do this, it is necessary to build several terminals.

However, the federal government is demanding significant concessions from the US government for such a billion-dollar investment in port terminals.

"In turn, the United States will allow the unhindered completion and commissioning of Nord Stream 2," Berlin's written proposal says. "The existing legal possibilities for sanctions will not be used."

Related: Navalny nominated for Nobel Peace Prize

Construction of Nord Stream 2 frozen after Navalny poisoning

During a summit in Brussels, scheduled for September 24 and 25, EU heads of state will discuss the future of the pipeline. After the poisoning of Russian opposition politician Alexei Navalny, several politicians from the CDU/CSU demanded to stop the construction of Nord Stream 2.

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