Nord Stream 2: Joe Biden’s Election Victory May Lead to Gas War in Europe, Swedish Media Says

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Russia has repeatedly stressed that the US push to sanction the Nord Stream 2 project is nothing but unfair competition that violates international law.

Democrat Joe Biden’s victory in the 3 November US presidential election may result in a gas war in the immediate vicinity of Sweden over the Nord Stream 2 pipeline, the Swedish daily Svenska Dagbladet reports.

The news outlet argues that Biden entering office will unlikely make a difference in Washington’s approach towards the project. The newspaper recalled that when Biden served as the US vice president between 2009 and 2017, he claimed that the pipelines built under the Baltic Sea would make Europe more dependent on Russian gas.

Svenska Dagbladet also cited the US president-elect as saying at the time that the best alternative to Russian gas supplies to Europe could be deliveries of US liquefied natural gas (LNG).

On the EU level, however, the topic continues to cause controversy amid the threat of US sanctions against the project, the news outlet adds, arguing that politically, Nord Stream 2 can count on the continued support of the German government.

Nord Stream 2 pipeline construction

The remarks come a few days after the parliament in the German state of Mecklenburg-Vorpommern voted in favour of an initiative proposed by the regional government to set up a special environmental foundation to help protect the interests of Nord Stream 2’s participants from US sanctions.

Washington first slapped sanctions on the project in December 2019, and exactly a year later, the US expanded the restrictive measures, targeting companies providing insurance and certification services for Nord Stream 2.

No Change in Germany’s Stance on Nord Stream 2 Under Biden, Berlin Says

In late December, German Foreign Minister Heiko Maas told the news agency Deutsche Presse-Agentur (DPA) that Berlin would not yield to pressure from Washington in the two’s dispute over Nord Stream 2 even after the transfer of power in the US on 20 January.

Although Berlin hopes for an improvement in US-German ties under Biden, a spate of bones of contention, including the Nord Stream 2 issue, will remain, according to Maas.

When completed, Nord Stream 2 will be a 745-mile twin pipeline to carry about two trillion cubic feet of gas annually from Russia to Germany via the territorial waters or exclusive economic zones of Denmark, Finland, Germany, Russia, and Sweden.

The US and some of its allies in Europe have been opposing the project, claiming that it will increase European dependence on Russian gas. Moscow denies the allegations, saying this project is purely economic in nature and urging the US not to politicise it.

Sourse: sputniknews.com

Nord Stream 2: Joe Biden’s Election Victory May Lead to Gas War in Europe, Swedish Media Says

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