German Foreign Minister Heiko Maas said he was relieved after the agreement with the United States on the further implementation of the Nord Stream 2 gas pipeline project. The German politician wrote about this on Twitter.
“I am relieved that the US and I have found a constructive solution to the Nord Stream 2 issue. We will support Ukraine in the development of a green energy sector, while at the same time we will advocate to ensure gas transit through Ukraine in the next decade, ”Maas said.
Also today, the German Foreign Ministry published a joint statement with the United States, in which the operating conditions of Nord Stream 2 are partly discussed. In particular, it talks about the need to extend the transit contract between Gazprom and the Ukrainian Naftogaz after 2024 for 10 years, for this purpose “Germany promises to use all the necessary resources.” In addition, the document states that energy supplies cannot be used for political purposes.
“If Russia tries to use energy as a weapon or takes further aggressive steps against Ukraine, Germany will take action at the national level and advocate effective measures at the pan-European level, including sanctions, to limit the possibilities of Russian energy exports to Europe, including gas,” – indicated in the document.
In addition, the United States and Germany in a joint statement promised to create a “green” fund for investments in the Ukrainian economy, in which they intend to attract at least $ 1 billion, including private funds. Germany announced plans to contribute at least $ 175 million to the fund. The parties also announced the expansion of global cooperation on combating climate change.
Earlier it was reported that the United States and Germany had reached an agreement on the further implementation of the project for the construction of the Nord Stream 2 gas pipeline. One of the conditions for the refusal of the United States from further sanctions against the project participants was the support of the energy industry of Ukraine. The United States explained the deal by the fact that they did not want further deterioration in relations with Germany.
Nord Stream 2 is a gas pipeline running from Russia to Germany along the bottom of the Baltic Sea, bypassing the Baltic states and Poland. The gas pipeline’s capacity is estimated at 55 billion cubic meters. meters of gas per year. Nord Stream 2 AG reported that the pipeline was 95% ready as of March 31. Implementation of the project was slowed down by the imposition of US sanctions, which drew criticism both in Moscow and in Berlin. In particular, Germany has repeatedly called the project purely economic and called on the United States to abandon extraterritorial sanctions. In Moscow, the actions of the United States are called an example of unfair competition, since the Americans want to increase the supply of their own LNG to the EU.