Monday, 23 July, 2018

Kremlin accuses Trump of trying to bully Europe into buying U.S

US US sanction risks Russian pipeline US-Russia germany Donald trump world news US President Donald Trump
Jeannette Daniel | 12 July, 2018, 23:16

On Wednesday, Trump criticized Germany for being what he called a captive of Russian energy.

The US State Department issued a statement Wednesday warning European companies against investing in Russia's Nord Stream 2 natural gas pipeline.

Mr. Trump's comments came ahead of his summit on Monday with Russian President Vladimir Putin in Helsinki, though the Kremlin said they were unlikely to have an impact on what was always going to be a hard meeting due to the number of disagreements between the two countries.

Germany has shrugged off a volley of criticism within Europe over the Nord Stream 2 project but U.S. opposition could sour relations with far greater consequences.

More news: Trade and tea with queen for Trump in a Britain in 'turmoil'

USA threats to impose sanctions against European companies involved in construction of a gas pipeline link between Russian Federation and Germany have enraged a large German business group.

By the end of the decade a controversial new pipeline project. USA officials say the new pipeline will increase Germany's Russian imports, and subsequently reliance on Russian energy. "That is a guarantee of stability and future development".

"We consider that it's a question of economic competition and that. the buyers must take their own decision", he said. It would run 1,200 km, mostly under the Baltic Sea along the existing Nord Stream pipeline.

Russia's Gazprom meant to have a 50 percent plus one share in the Nord Stream 2, with the rest of the shares divided between Germany's Uniper and Wintershall, Austrian OMV, France's Engie, and Anglo-Dutch Shell.

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