US sanctions will impact the Nord Stream 2 gas pipeline project, admits an elected official from Merkel’s party.
The sanctions that Washington threatens to impose on companies participating in the construction of the Nord Stream 2 gas pipeline between Russia and Germany will delay the project for several months and increase the cost, lamented Monday an elected member of the Christian Union- Democrat (CDU) of Chancellor Angela Merkel.
The group leading the project said on Saturday it was determined to complete the work as quickly as possible despite the decision of a subcontractor to suspend its activities for fear of incurring US sanctions.
“The sanctions will delay the completion of the Nord Stream 2 gas pipeline,” Conservative elected official Peter Beyer told German public radio. “But I think it will be completed in the second half of next year.”
The pipeline, which Washington believes will make Europe too dependent on Russian deliveries, was originally scheduled to enter service in the first half of 2020.
“There are alternative solutions, which will increase delays and costs,” added the CDU elected official.
In Moscow, Kremlin spokesman Dmitry Peskov said he hoped that the US sanctions would not affect the realization of the project. He considered it premature to speak of retaliatory measures, while warning that the initiative of the United States would not remain unanswered.