Russia prepared to solely fund Nord Stream 2 pipeline if US sanctions European partners

By |2018-09-23T05:17:49+00:00September 23rd, 2018|

According to German media reports, Vladimir Putin indicated that Russia was prepared to solely fund the Nord Stream 2 pipeline project if the US sanctioned the joint consortium, which includes five European partners.

Putin reportedly made the verbal commitment during his visit to the German city of Meseberg in August, where he met with Chancellor Angela Merkel.

The US has repeatedly denounced the Russian-European joint venture to build a direct gas pipeline from Russia to the center of the EU via the Baltic Sea. Apart from lambasting Berlin for colluding with Moscow, Washington has already laid the legislative groundwork for sanctions against companies involved in Nord Stream 2.

Source: Sueddeutsche Zeitung