8 minutes agoGermany opposes US sanctions directed at Russian, as its energy companies are endangered
Periskopi(9 years ago)
(9 years ago)The European Union should be more active in obtaining alternative gas supplies, as the United States of America will actively expensive liquid natural gas (LNG) in Europe, reports German energy CEO Unipper. “The main reason (for sanctions against Russia) are strategic economic interests, meaning target dominance [...]
The main “Arsie (for sanctions against Russia) are strategic economic interests, meaning the US's intentional domination of energy markets”, Unipper chief Klaus Schaefer said on Tuesday.
“Unipper” is among the five European energy companies that have invested in the extension of the “Nord Stream” pipeline from Russia to Germany. The other four are “ENGE”, “OMV”, “Shell” and “Wintershall”
The “Nord Stream-2” pipeline plans to double the capacity of the distribution of Russian natural gas to Germany from 55 billion cubic metres per year, Romania Today” reported.
According to Schaefer, US remittances are 50 per cent more expensive compared to European reference prices.
“No one wants to pay such a price”, he said.
Last week, US President Donald Trump signed sanctions against the Russian oil and gas sector. The new move means Washington can now penalise European investors who co-operate with Russian energy projects.
Senior officials in Germany have spoken against sanctions and pledged revenge if the interests of European companies are damaged.
Trump requested America's “dominating energy” In June, the US's first tank carrying liquid natural gas (LNG) reached the Polish port of Swinouyscie./Periscopi/
