Reuters: Washington and Berlin agree on Nord Stream 2

According to Reuters sources, Germany and the United States will announce an agreement on disputed issues over the Nord Stream 2 pipeline in the coming days

Reuters: Washington and Berlin agree on Nord Stream 2

“The situation looks good. We expect these talks to reach a solution in the coming days”, –  one of the agency’s sources said.

He said the US and Germany were close to reaching an agreement that would finally avoid the White House imposing sanctions on pipeline operator Nord Stream 2 AG and its chief executive Matthias Warnig.

A Reuters source said that details of the agreement between Washington and Berlin were not yet known, but one of the main agreements would be for the United States and Germany to increase investment in the Ukrainian economy to support its energy sector, including the country’s transition to energy efficient technologies.

The Nord Stream 2 gas pipeline from Russia’s shores to Germany via the Baltic Sea has become one of the contentious topics in relations between Washington and Berlin. German authorities have repeatedly stressed the need to complete the pipeline. In turn, the US has imposed sanctions and tried to block the project, as Washington wants to deliver its own liquefied gas to European countries.

Kiev is also opposed to Nord Stream 2, fearing that it would lose revenues from gas transit through Ukraine. President Volodymyr Zelensky said that if Nord Stream 2 is launched, Kiev will have no money to maintain the Ukrainian armed forces. The Russian side has repeatedly stressed that Nord Stream 2 is a commercial project that is being implemented jointly with European partners.

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