Russia to continue gas projects regardless of US sanctions: Foreign Ministry

TEHRAN, Dec. 21 (MNA) – Russia will continue to implement its economic projects despite sanctions, the Russian Foreign Ministry said in a statement regarding US sanctions against the Nord Stream 2 and TurkStream gas pipelines.

"Russia has implemented and will continue to implement its economic projects regardless of anyone’s sanctions," the diplomatic service said, as quoted by TASS.

The Russian Ministry added that the United States, by imposing sanctions on the Nord Stream 2 and TurkStream gas pipelines, is trying to deprive its European allies of a guaranteed supply of energy from Russia and to impose its liquefied gas.

"Moreover, the desire to harm Russian exports is by no means the only or even the most important," the diplomatic service noted. "There is a tendency to impose US liquefied gas on Europe, which costs much more than pipeline deliveries from Russia, and thereby slow development of economies, undermining the ability to compete with the US in global markets. As a result, Europeans are losing out on all counts," the ministry added.

According to the Foreign Ministry, not Russian, but European companies that participate in the construction of the Nord Stream 2 and TurkStream pipelines will be subjected to sanctions. "Washington has decided that for the sake of geopolitical ambitions and commercial gain, you can spare no one, even your closest NATO partners," the ministry concluded.

It was reported earlier on Saturday that sanctions against the Nord Stream 2 and TurkStream gas pipelines, included in the military budget for the 2020 fiscal year signed by US President Donald Trump (began on October 1), came into force.

Switzerland-based Allseas, pipe-laying company for the Nord Stream 2 pipeline, reported earlier suspension of pipelay activities until regulatory, technical and environmental clarifications from the relevant US authority.

Russian presidential spokesman Dmitry Peskov said on Wednesday that US sanctions against Nord Stream 2 violate international law and present a perfect example of unfair competition.


News Code 153570


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