Tag Archives: Nord Stream 2

The US has repeatedly urged European countries to not participate in Nord Stream 2.

Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.

US President Donald Trump had chastised Germany for buying Russian natural gas and for working on the pipeline.

US sanctions against companies involved in Nord Stream 2 could be in the pipeline.

The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.

Deputies of the Ukrainian parliament urged the EU to rely on Ukraine’s gas transportation network capability.

Recently. open US pressure on those Europeans who support the project has intensified.

Any sanctions against the project would be illegal and unacceptable. the Kremlin stressed .

For Russia. gas is a mechanism of political impact and a source of huge corruption.

The new pipeline will double Russia’s export capacity of 55 billion cubic metres to Germany.