According to Sen. Jeanne Shaheen the US should act against Russia’s gas pipeline project. The European Union’s energy security should be considered when allowing such a project the US senator said Wednesday.
“Russia has a track record of weaponizing natural gas,” said Sen. Jeanne Shaheen, the New Hampshire Democrat on the Senate Foreign Affairs subcommittee on European affairs, adding that the US has no reason to help Russia move forward with its gas pipeline project.
It would “give Russia even more options for influencing and intimidating Europe, specifically Ukraine,” she said.
The Nord Stream 2 pipeline, which would connect Russia through the Baltic Sea to Greifswald in northeast Germany, is opposed by some EU countries led by Poland. They say the project has antitrust issues and goes against the EU’s objective to diversify energy sources, reduce reliance on Russia and keep gas flowing through existing pipelines in Ukraine.
Nord Stream 2 is expected to double the capacity of the existing pipeline following largely the same route to the lucrative European market
Full Content: Market Watch
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
