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“We are confident that despite the destructive actions we are witnessing from the United States, which of course is delaying the implementation of the Nord Stream 2 project, it will be completed,” said Alexander Novak.
Nord Stream 2 is a commercial project that is also being implemented by a European company interested in supplying gas from Russia in a joint venture created by Gazprom, which has already built almost 95%. of this pipeline. European countries and European companies are interested in this project ”, emphasized the Russian minister.
“This project fully complies with European legislation. There is simply such a competitive struggle in the US to supply its liquefied natural gas to Europe. These are, in principle, methods that go beyond the principles of competition in the market ”, added S. Novakas.
Nord Stream 2 is worth $ 10 billion. A € 1 billion pipeline to double Russia’s natural gas supply to Germany, Europe’s largest economy, is supporting the project.
Russia resumed construction of a gas pipeline in German waters in December and in Danish waters this month, which a Swiss contractor halted a year ago due to the threat of US sanctions.
Gazprom is the sole beneficiary shareholder of Nord Stream 2 AG, the company developing the project, and its partners, Wintershall and Uniper in Germany, OMV in Austria, Engie in France, Dutch Shell in the UK and the Netherlands, are parties interested in financing and future beneficiaries.
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