United States of America may impose sanctions against companies engaged in Nord Stream 2 construction

Washington warned that the project to double the amount of Russian gas exported to Germany could trigger a new set of sanctions. She has specified that this means that any pipeline construction project in the world could potentially be under sanctions.

Sandra Oudkirk, Deputy Assistant Secretary of State for Energy Diplomacy, said in Berlin she would meet German officials to voice Washington's concerns about the subsea project. Her comments came a day before German Chancellor Angela Merkel is due to fly to the Russian resort of Sochi for a meeting with Russia's President Vladimir Putin, at which the pipeline issue is expected to be a key topic of discussion.

About it reports the German edition of N-TV with reference to the representatives of the governments of the USA, Germany and the EU.

Note that the US and the countries of Eastern Europe are opposed to the construction of the Nord stream - 2, and believe that its implementation will lead to an actual degradation of the Ukrainian gas transportation system and the strengthening of the Russian Federation in the gas market of the EU.

German Chancellor Angela Merkel said today (10 April) that plans for a controversial second underwater pipeline to bring gas from Russian Federation could not go forward without Ukrainian involvement in overland transit.

However, ClientEarth argues the decision to grant the permit in Finland was "groundless" and believes the pipeline will have an impact on marine life in the Baltic Sea.

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Deutsche Welle however points out that the White House also has an ulterior motive in this matter as it "would like to export to Europe the natural gas it extracts through hydraulic fracking, pushing Gazprom out of the market".

Donald trump was not pleased with how high the share of Russian gas in the European economy, therefore intends to supply the region liquefied natural gas from the United States.

The Nord Stream 2 project has said it will tap banks for financing in the fourth quarter of 2018 or early next year.

2 Nord stream is a Russian gas pipeline, which is building the Nord Stream AG 2.

Gazprom's Western partners are energy companies Uniper, Wintershall, Engie, Austria's OMV and Anglo-Dutch group Shell.

(Copyright © 2015. All Rights Reserved.)
 
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