JRL NEWSWATCH: “U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon” – Wall Street Journal

Gas Flame file photo

“The U.S. and Germany have reached an agreement allowing completion of the Nord Stream 2 natural gas pipeline, officials from both countries say.”

“…. The Biden administration [reportedly] will effectively waive Washington’s longstanding opposition to … Nord Stream 2 … ending years of speculation over … the project, which has come to dominate European energy-sector forecasts. Germany … [reportedly] will agree to assist Ukraine in energy-related projects and diplomacy. … Map of Germany[T]wo presidential administrations opposed Nord Stream 2, out of fears it would heighten Moscow’s economic and political sway …. The pipeline would allow the Kremlin to increase European dependence on its natural gas, then use it to blackmail U.S. allies, critics have said, charges Russia has dismissed. …”

Click here for: “U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon; The U.S. and Germany have reached an agreement allowing completion of the Nord Stream 2 natural gas pipeline, officials from both countries say” – Wall Street Journal/ Bojan Pancevski, Brett Forrest, Catherine Lucey, William Mauldin

 

Comment