You are here: Home » International » News » Others
US to join global coronavirus vaccine programme: Anthony Fauci
South Africa to pay $5.25 a dose for AstraZeneca vaccine from India's SII
Business Standard

Germany's Merkel stands by Russia pipeline that United States opposes

This is likely to be an irritant in generally improved relations with the new Biden administration

Topics
Angela Merkel | Germany

AP | PTI  |  Berlin 



German Chancellor Angela Merkel brief the media about measures to avoid further spread of the coronavirus and the COVID -19 disease after a government meeting at the chancellery in Berlin, Germany. Photo PTI
German Chancellor Angela Merkel | File

German Chancellor said Thursday that she isn't abandoning a German-Russian gas pipeline project that faces US sanctions, although it's likely to be an irritant in generally improved relations with the new administration.

The Nord Stream 2 pipeline, which would bring Russian gas to under the Baltic Sea, faces bipartisan opposition in the United States.

Washington has said that the project would make Europe more dependent on Russian gas and hurt European energy security. The Kremlin has responded by accusing the US government of trying to promote sales of its own liquefied natural gas.

Nord Stream 2 is owned by Russian state company Gazprom, with investment from several European companies. The pipeline construction was suspended in December 2019 when a Swiss firm pulled its vessels out of the project amid threats of US sanctions, forcing Gazprom to try to complete it with its own resources.

Earlier this week, before President took office, Germany's Economy Ministry said it had been informed of U.S. sanctions against the Russian pipe-laying ship Fortuna and its owner.

Merkel has consistently stood by the project. She acknowledged Thursday that she said last summer the poisoning of Kremlin critic Alexei Navalny, who was treated in after being exposed to a nerve agent, could play a role. Navalny was arrested immediately after returning to Russia on Sunday.

But I am saying today that ... my basic attitude has not yet changed in such a way that I would say that the project shouldn't happen, Merkel added.

We will of course speak with the new American administration, she said.


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, January 21 2021. 18:50 IST

RECOMMENDED FOR YOU

.