Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Tuesday, March 13, 2018

Ukraine under threat: the US state Department said the reason to block “the North-stream-2

The project “Northern stream-2”, providing for the construction of a gas pipeline under the Baltic sea, may lead to collapse of the Ukrainian economy, according to the US state Department. Special envoy of the us foreign Ministry Amos Hochstein said that along with the loss of status as a transit country for Russian gas, Ukraine will be deprived of income that it receives from transit fees. And this is leading to the collapse of the already fragile economy of the country.

photo: pixabay.com

Americans are not the first time Express their “Phi” in relation to the Nord stream-2″. The same Hochstein recently argued that the project was incompatible with the unity and national security of Europe as a whole. When entering a pipeline can be disrupted relations between Western and Eastern Europe. Because not only Ukraine, but also Poland and Slovakia will cease to receive money from the transit of Russian gas.

Recall that in the framework of the project “Northern stream-2” is expected to build two pipelines with a capacity of 55 billion cubic meters of gas, which pass through the Baltic sea from the Russian coast to Germany. After completion it will go 80% of Russian gas, and its share in the German market will grow from 40 to 60%.

Present their concern in connection with the project “Northern stream-2” the United States is associated specifically with the future of the Ukrainian economy. The state Department felt that Ukraine, not being a transit country for Russian gas, will lose up to $2 billion in revenue. To recover from such losses, a shaky economy are unlikely. It just collapses, I’m sure Hochstein. The loss of Slovakia and Poland in the event of the termination of the current gas supply route to Europe is also high, but still not as much as in the case of Ukraine: $0.8 billion and $0.4 billion respectively.

“I don’t think that the transit of Russian gas “reset” completely. Now through Ukraine is about 60 billion cubic meters. Nord stream-2″ is 55 billion, but immediately exit at this magnitude is unlikely. So countries like Slovakia will likely continue to get gas under the old scheme,” — said the Director of the energy development Fund Sergey Pikin.

The fact that Gazprom did not plan a complete halt to gas transit through Ukraine, earlier it was confirmed the Deputy head of the company Alexander Medvedev. In his time on the preservation of the transit urged Germany, which even put it as a condition of implementation of the Nord stream-2″. Such a position can understand. The West is interested in Russia to pump gas through Ukraine to reduce its support costs in this country. For the United States benefits from the termination of transit through Ukraine, but only if the Nord stream-2″ will not be built. In the United States is not hiding its plans to increase supply of liquefied natural gas. While in Europe arrived only one tanker with gas from America, but Europe for US is a very promising market.

According to Sergey pikina, the process of “weaning” of Ukraine from the transit of Russian gas is likely to be greatly extended in time. The launch of Nord stream-2″ is scheduled for 2019. In the same year, a controversial contract between “Gazprom” and Ukrainian “Naftogaz” on the transit of Russian gas to Europe would lose its legal force. The construction of the Nord stream-2″ should start in the spring of 2018. To date, we completed the geophysical survey of the offshore section of the pipeline.

— Gazprom is ready to reach the pipe under the Baltic sea, but then this pipe should go by land, and this requires appropriate infrastructure. I do not see specific ideas on this issue. That is to say that the project is still at a low start — concluded the expert.

Related posts:
The MAYOR suggested to save on the wages of Russians in times of crisis
The Central Bank announced the end of the recession, forgetting about the catastrophic budget hole
Poroshenko named one of the five richest Ukrainians
"The engine of the second stage" begins to live


More Stories From Economy