USA are about to reach agreement with Germany on gas pipeline

USA are about to reach agreement with Germany on gas pipeline

The almost completed Nord Stream 2 gas pipeline is causing international displeasure. US President Biden has positioned himself against the project. Apparently there is now an agreement. A four-point plan is reported.

In the dispute over the Nord Stream 2 Baltic Sea pipeline, the US is about to reach an agreement with Germany. “We don’t have any final details to announce yet, but I think I’ll be able to say more soon,” said US State Department spokesman Ned Price on Tuesday. “The Germans have made useful suggestions,” he said, referring to Chancellor Angela Merkel’s (CDU) visit to US President Joe Biden in the White House last week.

They have come closer to the common goal of “preventing Russia from using energy flows as a weapon,” said Price. Merkel had admitted differences with President Biden during her visit to Washington. Both agreed, however, that Ukraine must remain a transit country for Russian natural gas – even after the commissioning of Nord Stream 2. The “Wall Street Journal” reported that an agreement should be announced by Wednesday. It is a four-point plan.

Nord Stream 2 is supposed to transport Russian natural gas to Germany. The now almost completed pipeline has been causing tension both within Europe and between Berlin and Washington for years. Biden is extremely critical of the project.

US newspaper reports on specific details

According to the Wall Street Journal report, the deal, in which the US would give up its opposition to the project, includes an investment of $ 50 million from the US and Germany in green technologies such as renewable energies in Ukraine. Germany should also advocate further talks on the “Three Seas Initiative”, an alliance between twelve Central and Eastern European countries.

Since Russia can handle Ukraine with the new gas transport pipeline, the agreement also assumes that the country will still receive annual fees of around three million dollars from Moscow. The charges for gas transport are currently only guaranteed until 2024. Washington also reserves the right to impose further sanctions on Russia should it use the pipeline as leverage.

The reason for the plan is that the US fears that Europe will become more dependent on Russian gas – and economic damage to the traditional transit countries for Russian gas, especially Ukraine. Chancellor Angela Merkel had already promised Ukraine support in mid-July so that the country would remain a transit country for Russian gas to the west.

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Author: Killian Jones
Graduated From Princeton University.He has been at the USTV since 2017.
Function: Chief-Editor

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