Tuesday, February 23, 2021

Nord Stream – experts spoke about the consequences of its launch – news today – UNIAN


Experts shared their views on the consequences of the construction of the Nord Stream 2 gas pipeline for Ukraine.

Experts talked about the consequences of the launch of Nord Stream 2 for Ukraine / REUTERS

Experts shared their views on the consequences of the construction of the Nord Stream 2 gas pipeline for Ukraine.

Read alsoUS imposed new sanctions on Russian vessel building Nord Stream 2This was reported by RBC-Ukraine with reference to the director of energy programs of the Razumkov Center Vladimir Omelchenko

He stressed that Russia will not completely abandon the Ukrainian GTS and it will be used as balancing capacities during peak modes, repair work or emergency situations.

“Without the Ukrainian GTS, the Russian Federation will not be able to ensure the full implementation of its export contracts,” the expert emphasized.

In turn, Mikhail Gonchar, President of the Strategy XXI Center for Global Studies, believes that the start of Nord Stream 2, on the contrary, will lead to zero transit through Ukraine.

“A conditional quarter or even less of the capacity of our GTS will be used. It will turn from a business entity that generates income into a loss-making one,” the expert predicts.

He predicts that the Russian Federation will be able to justify its refusal to transit through Ukraine because of some “accident.”

“Somewhere” accidentally “on the Russian section of the Urengoy-Pomary-Uzhgorod gas pipeline an accident occurs, it is eliminated, the pipe is examined and it is concluded that the pipe is worn out, it must be taken out of service, that is, the entire route,” Gonchar said.

The history of Nord Stream 2

  • The Nord Stream 2 project provides for the construction and operation of two branches of a gas pipeline with a total capacity of 55 billion cubic meters of gas per year from the Russian coast through the Baltic Sea to Germany.
  • The new pipeline bypassing Ukraine was planned to be completed by the end of 2019 next to the already operating Nord Stream-1.
  • Considering the sanctions that the House of Representatives of the US Congress adopted in the bill on the American defense budget, the companies involved in the construction of the Nord Stream 2 gas pipeline were unable to complete it.
  • The founder of Nord Stream 2 AG is the Russian Gazprom. The project is financed by European companies – French Engie, Austrian OMV, British-Dutch Shell, German Uniper and Wintershall.
  • According to media reports, newly elected US President Joe Biden intends to do everything to prevent Nord Stream 2 from being built.
  • On November 4, 2020, information appeared in the media that the US Congress wants to expand sanctions against Nord Stream 2 and Turkish Stream.
  • On December 4, 2020, German Foreign Minister Heiko Maas said he doubted that the US position on Nord Stream 2 would change after Joe Biden’s presidency began.
  • On December 6, 2020, Acting US Ambassador to Germany, Robin Quinville, called on the EU and Germany to declare a moratorium on the construction of the Nord Stream 2 gas pipeline.
  • On December 9, 2020, the United States House of Representatives approved a defense budget for next year with expanded restrictions against the Russian Nord Stream 2 gas pipeline.
  • Construction of the Nord Stream 2 gas pipeline resumed on December 11.
  • On December 29, 2020 it became known that the House of Representatives overcame Trump’s veto on the US defense budget with sanctions on Nord Stream 2.
  • The United States is calling on European allies and private companies to halt work on the Nord Stream 2 gas pipeline, and is preparing broader sanctions on the Russian project in the coming weeks.
  • The US Senate has approved the US defense budget for fiscal 2021, which provides for new sanctions against Russia’s Nord Stream 2 gas pipeline.
  • On January 7, 2021, a fund was established in Germany to support the completion of Nord Stream 2.
  • On January 13, 2021, the US State Department notified European companies involved in the construction of the Nord Stream 2 gas pipeline of the risk of new sanctions.

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