Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

U.S. Close to Imposing Sanctions on European Companies in Russian Pipeline Project

June 9, 2018 by mosesman
Nordstream 1 in black, Nordstream 2 in red
  • The article below by Foreign Policy leaves out an important fact about the Nord Stream 2 project: it makes NO ECONOMIC SENSE for Europeans to buy American gas, shipped via LNG carriers to Europe at 2-3 times the price of Russian gas.
    –
    No need for Europe to buy US gas at triple the price, will continue imports from Russia – Austria
    by https://www.rt.com/, 5 June 2018
    The US is force-feeding Europe its liquefied natural gas, which is three times more expensive that buying it from Russia, Austrian President Alexander Van der Bellen said after signing a gas-supply contract with Moscow until 2040.
    –
    While US politicians are accusing Europe of being dependent on Russian gas, they forget that “American liquefied gas is two or three times more expensive than Russian gas. Under such circumstances, it makes little sense in purely economic terms to replace Russian gas with American LNG,” Van der Bellen said at a press conference after meeting Russian President Vladimir Putin in Vienna on Tuesday.
    –
    read more.
    –
    See also: Why American LNG is no substitute for Russian gas in Europe
    –
  • U.S. Close to Imposing Sanctions on European Companies in Russian Pipeline Project
    by ROBBIE GRAMER, KEITH JOHNSON, DAN DE LUCE, http://foreignpolicy.com/, 1 June 2018
    The decision would test already fraught relations with Germany, other allies.
    –
    The Trump administration is edging closer to imposing sanctions on energy companies from Germany and other European countries in a bid to scuttle the construction of a politically contentious Russian gas pipeline across the Baltic, according to three sources familiar with the issue.
    –
    Officials are still looking at other ways to block to project, known as Nord Stream 2, a natural gas pipeline project meant to bring Russian gas into the heart of Europe. But key figures in the administration now view sanctions as an increasingly likely option.
    –
    The measure would add yet more tension to the relationship between the United States and Germany, where officials are already fuming over President Donald Trump’s punitive moves on trade, his decision to withdraw from the Iran nuclear deal, and other issues.
    –
    “They will stop at nothing to block Nord Stream,” one of the sources said, referring to members of the Trump White House. Successive administrations opposed the pipeline since it was first broached in 2015, fearing it would undercut Ukraine in its lucrative middle-man position for energy flows between Russia and Europe. Congress passed a bill last summer making sanctions possible.
    –
    Many Central and Eastern European countries also oppose the project, which they fear will tighten Moscow’s energy stranglehold on Europe by doubling the amount of natural gas that flows directly from Russia to Germany.
    –
    The State Department would not respond directly to the matter but said companies working on the project were doing so at their own peril. “We have been clear that firms working in the Russian energy export pipeline sector are engaging in a line of business that carries sanctions risk,” a State Department spokeswoman said.
    –
    Trump has complained that Berlin is spending billions of dollars on the pipeline while refusing to earmark more money for defense. (In fact, the cost of the project would be borne by private companies, not public funds.) He has also criticized Germany repeatedly for its trade practices.
    –
    The friction was apparent during German Foreign Minister Heiko Maas’s visit to Washington last week, which included tense exchanges between officials from both sides — over the Iran nuclear deal, trade, and the Nord Stream project.

end

Post navigation

Previous Post:

Satanic Journalists Are Destroying The American Mind

Next Post:

Italy’s Proposed Parallel Currency Is The Biggest Threat To The Eurozone. The Global Economy is Nearing “The Great Reset”

Pages

  • About

Recent Posts

  • Deep State Controlled Demolition of America – Alex Newman
  • Fateful Decision: NATO Imposes Naval Blockade on Gulf of Finland And Kaliningrad – 70,000 NATO Troops Around Russian Enclave
  • Gravitas: China’s Mysterious Pneumonia Spreads. US, Europe Record Cases
  • Israel Issues ‘Evacuation Map’ as It Targets South Gaza | Al Jazeera Newsfeed
  • Gaza: 1.7 Million People Displaced, Thousands of Lives Lost, Limited Humanitarian Access, Infrastructural Damage, Heavy Rainfall, Flooding …
  • Evacuated from the North, Being Bombed in the South
  • ⚡ALERT! Shots Fired at US Nuclear Base, Gold at All Time High, War Restarts in Israel, Germany WW3
  • 🔴 BANKING CRASH IS BREWING: $684 BILLION Reported by U.S Banks In Unrealized Securities Losses
  • ‘Larger War Is Coming’: Hamas’ Chilling Threat To Israel; Says, ‘Won’t Stop Fighting Till…’
  • Drew Hernandez Exposes the NWO Psyop to Collapse Civilization
  • Megaton “Bomb” from NYT: “Wall of Jericho” the Code Name – Israel Knew a Year Before the Attack Plans of Hamas! (video)
  • Video: UK Health Security Head Admits Use Of Face Masks Was Never ‘Evidence Based’
  • Israel Pounds Southern Gaza As Officials Say ‘Long War’ Expected For A Year Or More
  • 🔴 BREAKING: Petrodollar Slow Death Continues As The UAE Ditches Dollar In Its Oil Transactions
  • Hostages THANK Hamas For Compassionate Treatment!
  • 2024 Gold Revaluation Coordinated Or Weaponised? – LFTV Ep 151
  • We Won’t Escape the Financial Meltdown That’s Currently Underway | Steve Quayle Joins Doug Hagmann | November 30, 2023
  • “Mass Assassination Factory”: Israel Using AI to Generate Targets in Gaza, Increasing Civilian Toll
  • Blackout In Israeli Towns As Hezbollah Launches Rockets Into Israel; Two Killed In Lebanon Strikes
  • Iran’s Loitering Anti-Aircraft Missile Downs US-Israeli Drones? Houthis, Hezbollah Deploy ‘Saqr 358’

Archives

  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
June 2018
M T W T F S S
« May   Jul »
 123
45678910
11121314151617
18192021222324
252627282930  
© 2023 Socio-Economics History Blog | WordPress Theme by Superbthemes