US sanctions will not stop the construction of the «Nord stream — 2», said the expert

© Photo : Nord Stream 2 / Axel SchmidtТрубы for the construction of the pipeline Nord stream — 2. Archive photoUS sanctions will not stop the construction of the «Nord stream — 2», said the expert© Photo : Nord Stream 2 / Axel Schmidt

The introduction of US sanctions against the project «Nord stream-2» will not lead to stop of the pipeline construction, but can complicate the organization of project financing, said RIA Novosti Deputy General Director of national energy security Fund Alexei Grivach.

«I think that the sanctions will not stop construction. It can create difficulties for the organization of project financing, which planned a return bridge loans «Gazprom» and strategic partners of the project», — said Grivach.

«On the other hand, sanctions against European companies can overwhelm the patience of the Europeans who, first, can impose retaliatory measures against the Americans, and secondly, will be forced to actively defend their interests in the project «Northern stream-2», — the expert added.

The Minister of energy of the USA Rick Perry on Thursday after a meeting with energy Minister Alexander Novak said that the States plan to impose additional sanctions against Russia’s energy sector, as well as against the «Nord stream-2». For his part, Novak reiterated that this project is commercial, competition and European consumers are interested in it, because pipeline gas is the most reliable way of covering peak demand.

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 existing «Northern stream». It will pass through the territorial sea or the exclusive economic zone of the countries located along the shores of the Baltic sea: Russia, Finland, Sweden, Denmark and Germany. Of these countries, the company 2 the Nord Stream AG, the operator of the «Nord stream-2», left to obtain a construction permit only from Denmark.

US sanctions will not stop the construction of the «Nord stream — 2», said the expert«Nord stream – 2»

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