Senate committee to consider resolution against Nord Stream 2 pipeline
WASHINGTON (Reuters) - Republican and Democratic U.S. senators unveiled a resolution calling for the cancellation of Russia’s Nord Stream 2 natural gas pipeline, a link under the Baltic Sea from Russia to Germany.
Leaders of the Senate Foreign Relations Committee said they would take up the resolution at their next business meeting.
Opponents of the pipeline worry it will weaken support for Ukraine by depriving Kiev of gas transit fees along the traditional route for Russian supplies, which meet more than a third of the European Union’s gas needs.
The pipeline, owned by Russian state energy firm Gazprom, has been a focus of international attention since Russia’s annexation of Ukraine’s Crimea in 2014. Germany has been trying to garner support for the pipeline.
President Donald Trump’s administration has been pushing against it. The U.S. ambassadors to Germany, Denmark and the European Union urged EU members to vote against the pipeline in an opinion column published by Deutsche Welle on Thursday.
The resolution calls for the pipeline’s cancellation and supports a multinational freedom of navigation in the Black Sea after Russia’s aggression against Ukraine in the Kerch Strait.
The EU bloc is divided in its support for the project. Eastern European, Nordic and Baltic Sea countries view the 1,225 km (760 mile) pipeline as holding the EU hostage to Moscow, while those in northern Europe, especially Germany, prioritize the economic benefits.
France plans to back an EU proposal to regulate the pipeline, its foreign ministry said on Thursday, potentially threatening its completion and dealing a blow to Germany.
Reporting by Patricia Zengerle; Editing by Tom Hogue
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT