World

US forces European Union into buying LNG

US forces European Union into buying LNG

Reuters reported that US President Mr Donald Trump launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russian Federation, saying Berlin had become "a captive to Russia" and he criticised it for failing to raise defence spending more.

"I have to say, I think it's very sad when Germany makes a massive oil and gas deal with Russia, where you're supposed to be guarding against Russia, and Germany goes out and pays billions and billions of dollars a year to Russia", he said. "I think that's very inappropriate", he said as Upstream went to press.

Poland's foreign minister, Jacek Czaputowicz, also welcomed Trump's comments, pointing out that "some countries are too close" and that the gas pipeline would help to fund the Russian military.

Canada and the United States found common ground Wednesday as both expressed concerns over a proposed Russian energy pipeline to Germany.

The logo of the Nord Stream-2 gas pipeline project is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017.




US Secretary of Energy Rick Perry said in Brussels that he did not hear any of the European Union countries viewing Nord Stream 2 positively, the report said. In August 2016, Biden decried Russia's use of its energy resources as a weapon to influence other countries and called the North Stream 2 pipeline a "fundamentally bad deal" for the continent. Thus, talking to reporters, he sharply criticized Germany in particular, calling it Russia's "captive". And then numerous of the countries go out and make a pipeline deal (Nord Stream 2) with Russian Federation where they're paying billions of dollars into the coffers of Russian Federation. Macron said he was not surprised by such behavior trump. "So, Canada is clear with our partners about the concerns that we have with Nord Stream". It's going nearly stop exporting gas 10 years from now.

Stoltenberg acknowledged that Nord Stream was a source of disagreement with Germany. If it doesn't get cancelled, this opportunity will still present itself.

He said choosing gas supplier should be based on the buyers' own benefits. The German section of the pipeline is now being built. "But if Germany opts to drop this new pipeline, then obviously the opportunity for LNG would be much greater", Kokin said.

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


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