In the project «Northern stream — 2» no policy, Putin said

© Photo : Nord Stream 2 / Axel Smidstrup for the construction of the gas pipeline Nord stream — 2. Archive photoIn the project «Northern stream — 2» no policy, Putin said© Photo : Nord Stream 2 / Axel Schmidt

«Nord stream-2» is a purely economic project, which is completely depoliticized, while it will not be an alternative to Russian gas transit via the territory of Ukraine, if the Ukrainian side will prove the benefits of using its gas transportation system, said Russian President Vladimir Putin at press conference following talks with Federal Chancellor of Austria Sebastian Kurtz.

«As for the draft… «and the stream-2″, you know our position: we support this project, which is definitely, without a doubt, totally depoliticized. This is a purely economic and, moreover, a purely commercial project, because the participants in this project believe their profits, winnings from the of economic its implementation and come to the conclusion that such implementation is feasible,» — said Putin.

«This, incidentally, is not even an alternative to the Ukrainian route. If Ukraine will introduce economically reasonable parameters of use of its gas transportation system, we have nothing against the continuation of cooperation with Ukraine. The only question is the throughput volumes», — he added.

The Russian President noted that the implementation of such projects as the «Nord stream», «Nord stream-2», «Turkish stream», of course, diversifitsirovat gas supplies to Europe that talks about the improvement of the quality of these deliveries and improve their stability. Meanwhile, Putin stressed that currently, domestic production of gas in Europe is falling, and liquefied natural gas is not competitive on the European market.

«We know that production in Europe is falling, liquefied natural gas is not competitive on the European market, at least today. This is an obvious thing. And in the coming decades and will be», — said Putin.

The project «Northern stream-2» involves the construction of two pipelines with a total capacity of 55 billion cubic meters of gas off the coast of Russia through the Baltic sea to Germany. The new pipeline is planned to be build next to the «Nord stream». Against the implementation of the project, a number of countries, in particular Ukraine, which fears to lose the income from the transit of Russian gas, the US has ambitious plans to export to Europe its LNG.