Map showing the Nord Stream gas pipelines between Russia and Germany pic.twitter.com/9iu6FgC4vG— AFP news agency (@AFP) February 8, 2019
DW: EU adopts French, German compromise on Nord Stream 2 pipeline to Russia
Overcoming differences between Paris and Berlin, EU diplomats reached a deal on the pipeline, placing stricter regulations on the project. France said it wanted to "ensure European control" of its own energy needs.
France and Germany have reached a compromise that will allow Berlin to remain the lead negotiator with Russia on the Nord Stream 2 gas pipeline, European leaders confirmed on Friday.
"Regarding the gas directive, we have reached an agreement and this was possible because Germany and France worked closely together," German Chancellor Angela Merkel told a joint news conference with Malian President Ibrahim Boubacar Keita.
"Today is a good day, and that is because of French-German cooperation."
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More News On The Nord Stream II Gas Pipeline Being Approved
France, Germany compromise on Russia's Nord Stream II gas pipeline -- France 24
Merkel confirms EU deal on Nord Stream 2 pipeline -- Reuters
Nord Stream 2: EU agrees tighter rules for Russian pipeline -- BBC
EU Won't Block Controversial Nord Stream 2 Pipeline -- Zero Hedge
Germany, France coming to terms on Nord Stream 2 and EU directive — agency -- TASS
Merkel Announces EU Reached Agreement on Nord Stream 2 – Reports -- Sputnik
France makes Germany sweat before striking deal on Russia’s Nord Stream 2 gas pipeline -- RT
Could EU energy security be guaranteed without Nord Stream 2? -- Hardy Graupner, DW
1 comment:
Germany had a once in a lifetime opportunity to diversify its energy suppliers to the extent no one supplier dominated their markets. They choose to allow Russia to dominate their markets to the exclusion of American LNG. LNG requires long term investments grounded in contracts. If Germany wants a significant LNG supply, contracts must be signed years in advance of the construction of LNG degasification terminals. Gazprom with its Nordstream I and II will make sure its gas is priced low enough that Germany can never close the business case.
So years go by Russian gains a firm control of German energy supplies to homes, factories, schools. This gives Moscow a voice in Berlin, NATO HQ and EU HQ, anywhere Germany has a voice.
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