Feb 14, 2021, 8:00 PM

Russia says partners in EU need Nord Stream 2 project

Russia says partners in EU need Nord Stream 2 project

TEHRAN, Feb. 14 (MNA) – Russian Deputy Prime Minister said that the Nord Stream 2 pipeline does not face the risk of being unused as EU countries are interested in the project.

The Nord Stream 2 pipeline doesn’t face the risk of being unused as EU countries are interested in it, Russian Deputy Prime Minister Alexander Novak said in an interview with the TV channel Rossiya 1, Sputnik reported.

 He stressed that the pipeline is in full compliance with European laws and that all of the issues it faces are related to competition with the US over gas markets.

"It is simply a competition on the part of American partners who want to sell their liquefied natural gas [LNG] to Europe. So, in essence, we're witnessing non-market methods of competition [on their part]", Novak said.

The joint project by Russia’s Gazprom and European energy giants has faced harsh criticism and pressure from the US, who is demanding that the EU ditch the pipeline and buy American or other foreign LNG instead, threatening sanctions otherwise.

FA/PR

News Code 169953

Tags

Your Comment

You are replying to: .
  • captcha