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profishingrods.com September 22, 2018


Mr Donald Trump lashes Germany over Nord Stream 2gas pipeline deal

13 July 2018, 09:28 | Devin Moran

Trump vs Nord Stream-2

Firms invested in Russian pipeline project are at the risk of sanctions, warns US

"Therefore, choosing between Russian Federation and the United States, Germany is not willing to lose markets in the USA", the politician said as reported by Apostrophe, a Ukrainian news outlet.

Poland's foreign minister, Jacek Czaputowicz, also welcomed Trump's comments, pointing out that "some countries are too close" and that the gas pipeline would help to fund the Russian military. On Wednesday, Trump criticized Germany for being what he called a captive of Russian energy. We're protecting Germany, we're protecting France, we're protecting all of these countries.

"We are supposed to be protecting you from Russian Federation, but why are you paying billions of dollars to Russian Federation for energy?"




"The question is what happens to Germany's gas imports when the Netherlands stops exporting its gas". It would run 1,200 km, mostly under the Baltic Sea along the existing Nord Stream pipeline. In other words, if the Netherlands is out of the picture, it's quite likely that LNG will enter anyway.

Moscow is eager to go ahead with the Nord Stream 2 pipeline for it can double the gas exports to Germany under the Baltic Sea while Washington is upset with the idea, even saying that firms that invested in the pipeline risked sanctions, the report added. Mr Trump, meeting reporters with NATO Secretary-General Jens Stoltenberg, before a NATO summit in Brussels, said it was "very inappropriate" that the United States was paying for European defence against Russian Federation while Germany, the biggest European economy, was supporting gas deals with Moscow.

Constructive and stable cooperation between Russia and Ukraine in the field of energy is of utmost importance for both countries and the European Union, Šefčovič said ahead of the meeting, while stressing that the need for a continued, long-term transit of Russian gas through Ukraine to the European Union in a reliable, commercially viable way is indispensable.



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