- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Nord Stream 2 Pipeline Deal Will Ensure Energy Security in Europe

© Sputnik / Igor Zarembo / Go to the mediabankConstruction of the Nord Stream pipeline
Construction of the Nord Stream pipeline - Sputnik International
Subscribe
The development of the Nord Stream 2 project for a gas pipeline from Russia to Germany will contribute to ensuring energy safety and security in Europe, Germany's special coordinator for Russia policy Gernot Erler said on Monday.

BERLIN (Sputnik) — In October, European Commission Energy Union Vice President Maros Sefcovic said that the new Nord Stream 2 pipeline project would hurt EU energy security due to increased reliance on Russian gas imports. Last week, Rome expressed concern over the project, saying that it seems like Germany is putting its economic interests far ahead of the bloc’s joint needs.

"These additional capacities will result in better energy security in Europe, as this pipeline <…> will not depend on anyone," Erler told the German WDR5 radio station.

Construction of Nord Stream pipeline - Sputnik International
Faithful Friend: German Vice-Chancellor Stands Up for Nord Stream 2 Project
The Nord Stream 2 project is a joint venture to build a gas pipeline that would run under the Baltic Sea to provide an additional route for Russian gas supplies to Germany, bypassing the three Baltic countries and Poland.

Russian energy giant Gazprom started the project with a consortium of five large European energy companies, including Shell and EON.

The project plans to use the original Nord Stream pipeline for 86 percent of the route before branching off. It will have a capacity of up to 55 billion cubic meters of Russian gas, to be supplied to European customers.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала