US warns of sanctions risk for firms invested in Russian pipeline

US warns of sanctions risk for firms invested in Russian pipeline

US warns of sanctions risk for firms invested in Russian pipeline

Peskov said Nord Stream 2 will not make Germany, a major buyer of Russian gas, dependent on Russia, and on the contrary it will become a guarantee of stability of gas supplies and "further development of mutually beneficial cooperation in various fields".

The Kremlin spokesman said President Donald Trump's anti-Russia comments showed an escalation in the USA campaign to talk down Russian gas supplies to Europe.

Most Eastern European countries have expressed their concern over the pipeline project over the years, claiming it directly threatens the security of their countries as Russian Federation will able to use its vast energy resources as a way to have leverage over Western Europe.

According to the politician, the issue of "North stream-2" Germany will be closer to the US than to Russian Federation.

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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. Seated across from NATO Secretary General Jens Stoltenberg, the president said US commitments to European defense were undermined by Germany's ties to the Russian energy sector.

The Baltic route allows Germany and other European countries to avoid gas piped through a vulnerable Ukraine, where pro-Russian separatists are fighting the pro-EU government in Kiev. "It's disproportionate and not fair to the tax payers of the United States".

"When it comes to Nord Stream, Canada has significant concerns about the project", she said. Nord Stream 2's delivery system is created to carry up to 55 billion cubic meters (1.942 trillion cubic feet) of gas per year.

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"Regular maintenance is necessary to operate the Nord Stream twin pipeline safely, efficiently and reliably". "Canada has been clear in our worldwide conversations with many countries".

In particular, Denmark may block or delay the construction of Nord stream-2 through its territorial waters.

Lithuanian Defense Minister Raimundas Karoblis told The Washington Times last month that the pipeline is a unsafe project created to help Russian President Vladimir Putin expand his power. We're protecting France. We're protecting all of these countries. "And you tell me if that's appropriate, because I think it's not".

Trump didn't identify Nord Stream 2 by name.

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