USD 92.5919

+0.02

EUR 100.2704

-0.14

Brent 86.51

+0.82

Natural gas 1.727

+0.01

1228

U.S. Vice President Joe Biden: Nord Stream 2 is a «fundamentally bad deal for Europe»

US Vice President Joe Biden has said the US believes the Nord Stream 2 pipeline is a «bad deal» for Europe.

U.S. Vice President Joe Biden: Nord Stream 2 is a «fundamentally bad deal for Europe»


US Vice President Joe Biden has said the US believes the Nord Stream 2 pipeline is a «bad deal» for Europe.

The politician was speaking at a news conference in Sweden when he made this comments.

«No country should be able to use energy as a weapon. No country should be able to use energy to coerce policies or actions from other nations», said Biden.

If the pipeline is built, Ukraine may lose its status as a transit country for Russian gas to Europe.

On this occasion Biden said: «To lock in great reliance on Russia will fundamentally destabilize Ukraine», adding that Europe «needs diverse sources of gas.»

In May 2016, Russian Foreign Minister Sergey Lavrov accused the US of trying to thwart the gas pipeline. «We are convinced that Nord Stream-2 will increase Europe's energy supplies and European energy security. This is a purely commercial project, which brings together a number of Western companies…and attempts to block it are, of course, of an entirely political nature. Americans are engaged in this too, trying to create difficulties through their particularly close friends in NATO», Lavrov said.

Nord Stream-2 is not the first Russian pipeline to face harsh opposition from the US. In 2014, Bulgaria stopped the South Stream pipeline project on the recommendation of the EU, but the decision was announced after the country was visited by US senators John McCain.


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru