US forces European Union into buying LNG

14 Juillet, 2018, 04:22 | Auteur: Anatole Charbonneau
  • US President Donald Trump joins European leaders including German Chancellor Angela Merkel Nato secretary-general Jens Stoltenberg Britain’s Prime Minister Theresa May French President Emmanuel Macron for a “family

The Kremlin on Thursday rejected U.S. President Donald Trump's description of Germany as a "captive" of Russian Federation.

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"Germany is closer to the United States because in many ways it rather depends on the US than on Russian Federation".

It is due to be completed late next year.

"The Nord Stream 2 is not an economic project, the project is absolutely political".

Biden also reportedly said Europe needs "diverse sources of gas, not new pipelines that lock in greater reliance on Russian Federation".

Qatar is the main LNG supplier to the European Union, while the share of US LNG has fallen from six per cent in the first quarter a year ago to one per cent this year. It would run 1,200 km, mostly under the Baltic Sea along the existing Nord Stream pipeline.

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"For decades Russian Federation has shown and continues to show it is a reliable supplier of energy security to Europe", Peskov added. We're supposed to be guarding against Russian Federation and Germany goes out and pays billions and billions of dollars a year to Russian Federation. A number of countries want to change the rules of construction of gas pipelines in the EU.

President Petro Poroshenko says that the majority of European Union countries start to understand the real goal of the Nord Stream 2 project. He said he also mentioned tripartite talks [on gas - EU-RF-Ukraine], which they will hold.

Does it affect United States business interests? Germany budgets about 1.2 percent of its GDP on the military, whereas the USA spends closer to 4 percent, a gap Trump has repeatedly criticized.

Until now U.S. exporters have targeted markets in south America and Asia, including China, where prices are firmer.

"I think it's very sad when Germany makes a massive oil and gas deal with Russia, where [NATO is] supposed to be guarding against Russia, and Germany goes out and pays billions and billions of dollars a year to Russia", Trump said at a North Atlantic Treaty Organisation summit in Brussels.

Unlike past USA administrations, Trump links Washington's commitment to collective transatlantic defence to his demand that the 28 allies pay more.

"But the decision (for such projects - ed.) countries are sovereign".

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