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No one would benefit' from German withdrawal from Nord Stream 2 - Mr Maas

Gasoil News - Published on Tue, 04 Dec 2018

Image Source: Sputnik International
Sputnik reported that, Latvian European Parliament lawmaker Sandra Kalniete prepared a resolution to "stop" the Russian-Western European gas pipeline project amid growing US pressure on Europe over the issue. German Foreign Minister Mr Heiko Maas has reiterated Germany's support for the Nord Stream 2 project, emphasizing that it was a purely commercial initiative and that Europe would have nothing to gain by rejecting it. "This is an economic project. It would not benefit anyone if German and European companies were to withdraw," Mr Maas said, speaking to Neue Osnabrucker Zeitung in an interview published. Nord Stream 2 pipeline construction underway in Finnish waters in the Baltic Sea.

Mr Maas added that "We have made it clear that Nord Stream 2 can exist only if gas transit through Ukraine is secured beyond 2019. We have wrested this pledge from the Russians. It is clearly in the European interest that Ukraine continues to play a role as a transit country for Russian gas."
Earlier this week, German European Parliament member Manfred Weber asked German and European companies to reconsider their investment into the Nord Stream 2 project following last Sunday's Kerch Strait incident, which saw Russia detaining three Ukrainian Navy vessels which violated Russia's maritime borders and escalated the diplomatic spat between Moscow and Kiev.

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Posted By : Joykumar Irom on Tue, 04 Dec 2018
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