Russia’s Nord Stream 2 project to happen despite sanctions setback | Eurasia Diary - ednews.net

20 January, Monday


Russia’s Nord Stream 2 project to happen despite sanctions setback

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The Nord Stream 2 pipeline project will carry Russian natural gas to Germany under the Baltic Sea despite mounting US sanctions, Russian Deputy Foreign Minister Alexander Pankin said on Friday, Eurasia Diary reports citing Sputnik.

"Some people have a distorted view of Nord Stream as a political project, which it is not. It is a purely economic project, and piling sanctions on it will not do it any good. But the leaderships of the company and our country said that we intended to make Nord Stream happen," Pankin said at a ministerial in Athens.

The US Congress passed a defense bill for 2020 on Wednesday that includes new sanctions on contractors, who are helping to build Gazprom’s pipeline. The curbs are aimed at preventing its completion, which is still expected this year.

 

German Foreign Minister Heiko Maas lashed out at the United States on Thursday, saying his country was opposed to foreign meddling. Washington has repeatedly painted the pipeline as a ploy to increase the Russian grip on the EU energy market. In the meantime, the US has been pushing Europe to buy more of its costlier liquefied natural gas.

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