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Nord Stream 2 Is Losing Support In Germany
OilPrice.com, Jan. 10, 2019
The Nord Stream 2 pipeline is running into some trouble amid opposition from the Trump administration.
Support for the Nord Stream 2 pipeline in Germany is slipping, according to a report from Bloomberg. Some politicians in Chancellor Angela Merkel’s coalition are moving against the pipeline for geopolitical reasons, citing fears that the project would allow Russia a freer hand in Ukraine.
As it stands, Russia still needs to ship large volumes of gas to Europe via Ukraine. Nord Stream 2 would allow Russian gas to bypass Ukraine while still reliably delivering gas to Europe.
Merkel has been supportive of the project, not least because several major western European companies have stakes in the pipeline, including Royal Dutch Shell, as well as major German companies Wintershall and BASF. Last year, Merkel, under intense pressure from the Trump administration and some countries in Eastern Europe, acknowledged that the Nord Stream 2 had geopolitical ramifications and suggested that the project could face roadblocks. Still, she seemed to want to push the project forward.
However, those efforts are starting to run into trouble. A growing block of German politicians view the project as a geopolitical liability.
The timing is not great for Nord Stream 2. The Trump administration has aggressively opposed the project for quite some time.
In December, the U.S. House of Representatives approved a resolution opposing Nord Stream 2. The resolution passed with bipartisan support, calling the pipeline a “drastic step backwards for European energy security and United States interests.” The resolution also called upon President Trump to “use all available means to support European energy security through a policy of diversification to lessen reliance” on Russia.
The U.S. suggested several times last year that it could hit the project with sanctions, and Bloomberg says that such measures could be “imminent.” If the Trump administration moves forward with sanctions on Nord Stream 2, it is unlikely there will be a constituency in Washington to defend the project.
The U.S. administration is also undoubtedly trying to force American gas into the European market to benefit American companies. American politicians like to cite European energy security when campaigning against Nord Stream 2, but from the European vantage point, the U.S. government is blocking a reliable source of gas in order to benefit its own companies.
Last July, President Trump leaned very heavily on European allies at the NATO summit, essentially threatening them with a trade war unless they bought more American gas. European Commission President Jean-Claude Juncker agreed to take in more LNG, although his statements were sufficiently vague so as not to commit the EU to anything binding.
Russia still supplies about 40 percent of the European Union’s natural gas needs. To be sure, U.S. LNG shipments to Europe have been rising. In the short run, the possibility of severe cold sweeping over Europe could bolster the economics of important LNG from the United States.
The developers of Nord Stream 2 and its proponents say a new pipeline is needed. But the Trump administration is hoping to block that project in order to bolster the case for U.S. LNG.
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Перед нами - коварный и опасный мошенник, расист, лжец и фашист Дональд Трамп, порочный Конгресс, нацистские ФБР - ЦРУ, кровавые милитаристы США и НАТО >>> а также и лживые, вредоносные американские СМ»И».
Киевские власти — фашистские агенты американского империализма...
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Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» - "Silent Terror: One family's history of political persecution in the United States» - arnoldlockshin.wordpress.com
Правительство США еще нарушает мои права, в течении 14 лет отказывается от выплаты причитающейся мне пенсии по старости. Властители США воруют пенсию!!
ФСБ - Федеральная служба «безопасности» России - вслед за позорным, предавшим страну предшественником КГБ, мерзко выполняет приказы секретного, кровавого хозяина (boss) - американского ЦРУ (CIA). Среди таких «задач» - мне запретить выступать в СМИ и не пропускать большинства отправленных мне комментариев. А это далеко не всё...
Арнольд Локшин, политэмигрант из США
BANNED – ЗАПРЕЩЕНО!!
ЦРУ - ФСБ забанили все мои посты, комментарии в Вконтакте, в Макспарке, в Medium.com... и удаляют ещё много других моих постов!
… а также блокируют мой доступ к таким сайтам, как «Портал Госуслуги Москва»!