U.S. warns of Nord Stream 2 sanctions risk

Elias Hubbard
July 12, 2018

Buechele's words come a day after US President Donald Trump called Germany "a captive of Russia" for working on the Nord Stream 2 natural gas pipeline.

Mr. Trump's comments came ahead of his summit on Monday with Russian President Vladimir Putin in Helsinki, though the Kremlin said they were unlikely to have an impact on what was always going to be a hard meeting due to the number of disagreements between the two countries.

"As for attempts to organize various attacks on this commercial project (Nord Stream 2 - TASS), we have said before that we consider this to be a manifestation of unfair competition", Peskov said.

"That means that any pipeline project, and there are multiple pipeline projects in the world that are potentially covered, is at an elevated sanctions risk", Oudkirk said. "Supplies of pipeline gas do not lead to dependence of one country on another but to complete mutual dependence". "This guarantees stability and further development of mutually beneficial cooperation in various fields", he added.

Heiko Maas's remarks on his Twitter account came after Trump said at the North Atlantic Treaty Organisation summit in Brussels on Wednesday that Germany is "totally controlled by Russian Federation, because they are getting 60 to 70 percent of their energy from Russian Federation and a new pipeline".

The $11 billion pipeline seeks to double the existing Nord Stream pipeline's current annual capacity of 55 billion cubic meters and is expected to become operational by the end of next year.

Other reports by Click Lancashire

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