…by Sputnik News, Moscow
[ Editor’s Note: The US suffered a big political loss here, along with Poland and Ukraine, who have been trying to kill the Nordstream 2 project, despite its huge investment and having a consortium coalition of EU company partners building and distributing the gas.
With even Germany showing the lowest growth rate in many years, and a number of others doing much worse, maintaining low gas prices due to over-supply has been a cushion against the EU economic numbers being worse than they are.
Trump was squeezing the EU with sanctions trying to steer them into killing the Nordstream2 deal, but Europe was not intimidated.
The US plan to have the EU buy more expensive LNG when the entire infrastructure distribution would take years to build and require money that no one had budgeted for, never made any economic sense to the EU. In the US, those driving the deal saw no problem with that.
Ukraine could be the big loser, as it has be wanting to extort Russia, via its muscular Western friends like the US, to keep shipping gas through Ukraine to get the huge transit revenues, despite Ukraine having stiffed Russian on its pre-coup debts.
Russia was in no mood to subsidize Ukrainian corruption by letting them getting their hands on those gas transit fees as more gravy to divide up among the oligarchs.
Fortunately there is finally a light at the end of the tunnel for the Ukraine-Donbass war. The troops from both sides have been pulling back from the military standoff in a conflict for no justifiable reason other than to allow Ukraine to claim that it was fighting Russian aggression as a hook to get continued US military support.
This was a black lie of course, as this pull back could have been done two years ago, something that Russia and the Donbass people have always wanted.
The Russo-phobe NeoCons were also in no hurry to see tensions calm down. We will see if the political talks can follow this with more progress toward getting Ukraine’s economy going in a positive direction for its long suffering people…Jim W. Dean ]
– First published … October 30, 2019 –
Russian Foreign Minister Sergei Lavrov and his Danish counterpart, Jeppe Kofod, discussed the situation around Denmark’s permit for the Nord Stream 2 gas pipeline’s construction in the country’s territorial waters when they met in New York in September.
“The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipelines on the Danish continental shelf southeast of Bornholm in the Baltic Sea”, the agency said in a statement.
Denmark is now obligated to “allow the construction of transit pipelines with respect to resources and the environment and if necessary to assign the route where such pipelines should be laid”, according to the agency.
Nord Stream 2 AG, the operator of the Nord Stream 2 project, has laid more than 2,100 kilometres (1,300 miles) of the gas pipeline to date and will begin preparatory work and pipe laying near Denmark in the coming weeks, the company said in a statement.
“Preparatory work… as well as pipe laying will begin in the coming weeks… To date, more than 2,100 kilometres of two pipeline legs have already been laid. Pipe laying has been completed in the waters of Russia, Finland, and Sweden as well as being nearly complete in the waters of Germany. Work on both onshore sections is nearing completion”, Nord Stream 2 AG said.
Earlier in October, Gazprom announced that 83 percent of the Nord Stream 2 pipeline — a 1,269-mile stretch in the Baltic Sea — had been completed, adding that the pipeline is expected to be completed by the end of this year.
The Nord Stream 2 project envisages the building of a twin pipeline that will deliver around 55 billion cubic metres (almost 2 trillion cubic feet) of gas directly to Germany and other European countries. The pipeline for carrying Russian natural gas to Europe is set to pass through the territories of Denmark, Finland, Germany, Russia, and Sweden.
For months, the project has drawn opposition from a number of countries, especially Ukraine, which claims that Moscow plans to deprive Kiev of its gas transit revenues.
The United States, which is trying to sell more of its own liquefied natural gas to its overseas allies, insists that the project will make Europe dependent on Moscow. Russia has repeatedly rebuffed the claims.
Jim W. Dean Archives 2009-2014