US warns of sanctions risk for firms invested in Russian pipeline

US warns of sanctions risk for firms invested in Russian pipeline

The US has issued a new warning that it might sanction western companies that take part in the Nord Stream 2 pipeline project, which aims to connect Germany directly to Russian natural gas, Reuters reports.

"It is a tragedy". It's a awful mistake.

"We consider this to be a manifestation of unfair competition", Peskov said, adding that U.S. LNG supplies could prove to be much more expensive than the Russian gas via pipelines. "You've given up all of your strength".

"I'm very happy today that we are united in freedom as the Federal Republic of Germany, and can thus say that we can determine our own policies and make our own decisions - and that's very good". It's very bad for the German people. Both Germany and Russian Federation have insisted that project is a private business affair.

"And you tell me if that's appropriate, because I think it's not, and I think it's a very bad thing for North Atlantic Treaty Organisation and I don't think it should have happened", he added.

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"I believe that Germany is going to be getting 50, 60 or even..."

President Trump stated that Russian Federation completely controls the FRG through the expansion of energy supplies through the Nord Stream-2 gas pipeline.

US Deputy Assistant Secretary of State for Energy Diplomacy Sandra Oudkirk told Bloomberg that the US is also anxious the pipeline could open ways for Russian Federation to install undersea surveillance equipment in the Baltic Sea.

Vice-President of the European Commission for Energy Union Maros Sefcovic has informed the U.S. Energy Secretary Rick Perry about the proposal of the EC for correcting the EU gas directive in connection with the discussions on Nord Stream 2. The German Committee on Eastern European Economic Relations (Ostausschuss), which unites members accounting for about a fifth of the country's total foreign trade, has accused the United States of trying to interfere in Germany's foreign affairs. "The majority of European Union countries start to understand the real goal of the Nord Stream 2".

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