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    November 10, 2017

    EU declares war on Gazprom and Germany, part 4 of 4

    November 10, 2017 - Fort Russ News -

    Sergei Latyshev, inTsargrad, translated by Tom Winter -


    Germany is also opposed?

    Now, in fact, everything will depend on what position Germany will take, whether Berlin will be satisfied with the "concession" not to touch Nord Stream-1. In Europe, many are convinced that, as the economic locomotive of the EU, Berlin is conducting Brussels in politics, too. Some in Europe even speak of an "economic fourth Reich." But as can be seen in this example - it's not quite right. The interests of Germany will be greatly affected if the gas amendments of Brussels come into force. With real hegemons that does not happen.

    So far, like Russia, Germany considers the Nord Stream II a purely commercial project, and therefore, in Berlin, they took a critical view of the plans of the European Commission to bring this project under European purview. They also categorically rejected the initiative of Brussels to give it the mandate to negotiate with Russia on this issue. However, after the last elections to the Bundestag, this situation may change. The Green and the Free Democrat (FDP) parties, which will be included in the new government with the CDU / CSU bloc, have criticized Nord Stream II, as well as the Nord Stream I.

    So, in the opinion of the deputy head of the Green faction in Oliver Krisher's parliament, "the project hinders the development of renewable energy," is an "apple of discord for Europe," and allegedly increases Germany's energy dependence on Russia. The parliamentarian demanded a new assessment of the feasibility of the project. 

    FDP spokesman Michael Link told Der Spiegel magazine that the free Democrats are also in favor of reducing the EU's energy dependence on Russia, and a transition to a unified energy community policy, and that "both these goals are badly correlated with the Northern Stream II. Deputy Norbert Rötgen, external political expert of Angela Merkel's CDU in the Bundestag, believes that the new German authorities should not look at this topic "through the eyes of individual companies or even individuals."

    So, as we can see, the situation in the political circles of Germany is quite ambiguous: it suits the companies and firms, but the politicians - not so much. 

    Of course, this is also the consequence of US sanctions against foreign participants in Russian energy projects. They have already adversely affected the Nord Stream II funding scheme. And although the current position of Gazprom is that the implementation of the project, despite the uncertain political situation, continues and that the difficulties are surmountable, there is no certainty about this: Already now it is clear that in time Nord Stream II will not be implemented, due also to the sabotage of a number of Western countries that have not yet given permission to pass the pipe through their territorial waters. Gazprom has already reduced its funding, while simultaneously increasing capital investments in the rapidly expanding pipeline to China, the "Power of Siberia."

    The project is hanging by a thread

    It is quite obvious that Nord Stream II hangs in the balance. The Russian side is unlikely to begin its construction -- as well as, incidentally, a branch for the countries of Southern Europe out of the Turkish Stream -- until legally binding guarantees are obtained that Gazprom will not start in vain. 

    For "other people's uncles,", they will also arrogate from the Russian concern the right to sell gas for half the volume of the pipe, as the functions of pumping "blue fuel" and its sale are proposed by the European Commission. To be an unwanted lackey of Europe, does Russia need it?
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    Item Reviewed: EU declares war on Gazprom and Germany, part 4 of 4 Rating: 5 Reviewed By: Tom Winter
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