Nord Stream 2: Scholz proposes US builds liquefied gas terminals

Nord Stream 2: Scholz proposes US builds liquefied gas terminals

economy The Nord Stream controversy 2

Scholz is proposing to the US the construction of liquefied gas terminals

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Liquefied Petroleum Gas (LNG) Tanker.  Terminals are needed so that such ships can enter Germany

Liquefied Petroleum Gas (LNG) Tanker. Terminals are needed so that such ships can enter Germany

Source: REUTERS

By offering a billion-dollar offer, Federal Treasury Secretary Olaf Scholz (SPD) tried to break the U.S. resistance to Nord Stream 2. The Vice Chancellor announced the construction of two terminals for liquefied natural gas in the North Sea. The answer is still pending.

D.US threatens sanctions against Baltic Sea pipeline “Nord Stream 2.” Federal Finance Minister Olaf Scholz (SPD) tried to avoid this by offering a billion-dollar investment.

As reported by the weekly newspaper Die Zeit, Scholz (SPD) first offered orally and then in writing to his American counterpart Stephen Mnuchin that Germany was ready to finance the construction of two special ports for the import of liquefied gas.

A Finance Ministry spokesman declined to comment on the report. “I have no news.” In a written proposal, which, according to Zeit, went to Washington on August 7, the federal government promised up to a billion euros for terminal buildings.

However, billions of investments in special ports require far-reaching concessions from the US government. “In turn, the United States will allow Nord Stream 2 to be completed and operated without hindrance,” Berlin’s written proposal said. “The existing legal possibilities for sanctions have not been exhausted.”

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In July, the U.S. government threatened to fine companies involved in the construction of Nord Stream-2. One reason for the American resistance is that US President Donald Trump wants to sell American gas to Germany instead of Russian. This requires the construction of several terminals. American companies want to export American gas to Germany through terminals in the ports of Brunsbüttel and Wilhelmshaven.

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The Nord Stream controversy 2

EU leaders will also meet in Brussels on September 24 and 25 to discuss the future of the pipeline. After the poisonous attack on Russian opposition leader Alexei Navalny, various allied party politicians called for a freeze on construction on Nord Stream-2.

Hanna Raymond

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