Sweden is afraid of a “gas war” – Rambler / finance



In Sweden, they fear that US President-elect Joe Biden will pursue a tougher policy towards the Nord Stream 2 pipeline than Donald Trump, and this will lead to a “gas war.” At the same time, Stockholm recalls that the issue of the pipeline for Sweden has already been resolved, since the government of the kingdom has already approved its laying through the Swedish economic zone.

Joe Biden’s presidency in the United States will initiate a “gas war” over the Nord Stream 2 pipeline from Russia to Europe, according to the Swedish newspaper Svenska Dagbladet.

As they are confident in Stockholm, the democrat will treat the SP-2 “even tougher than Donald Trump.”

While still vice-president, Biden said that because of the pipeline running under the Baltic Sea, Europe “will become even more dependent” on Russian gas.

He said that the best alternative was the supply of liquefied natural gas from the United States.

Biden was convicted of wanting to destroy the Russian economy

The article notes that the issue of a pipeline for Sweden has already been resolved, since the kingdom’s government has already approved its laying through the Swedish economic zone.

Swedish companies are not involved in the project, so they should not be afraid of American sanctions, but the United States is putting pressure on all countries affected by SP-2, including Sweden, the FAN quotes Natalia Milchakova, deputy head of the Alpari IAC.

The expert linked the very fact of publishing such material in the Swedish media with the internal political processes in Sweden.

“They have their own ‘hawks’ (if only the local screamers that exist everywhere can be called ‘hawks’), who demand an increase in the defense budget of their little kingdom to combat the mythical Russian threat, as well as contributions to NATO,” the analyst added …

According to her, the only way for the United States to continue to be present in the European energy market is to supply gas for free or almost free of charge, as was the case at the beginning of last summer.

Last fall, Swedish Prime Minister Stefan Leuven said that Stockholm had already made all decisions regarding the construction of the SP-2, reported the Frankfurter Allgemeine Zeitung.

In 2018, Sweden issued a construction permit for the pipeline. It should remain in effect as canceling the deal would violate international law, Leuven said.

He added that it is important for the Swedish side that international law is respected.

In December 2020, the House of Representatives and the Senate of the American Congress agreed and made amendments to the draft US defense budget for the coming year, according to which sanctions against SP-2 will be tightened.

Restrictions will be directed to insurance companies and companies in the field of certification, without which it is impossible to obtain a building permit in the EU. Companies involved in the modernization of ships and the project’s infrastructure were also under pressure from the American authorities.

The head of the State Department, Michael Pompeo, expressed the opinion that US shale gas is “the best way to put pressure” on Moscow.

Dmitry Peskov, the press secretary of the Russian president, called the sanctions unfair competition.

Commenting on what is happening, Deputy Prime Minister of the Russian Federation Alexander Novak told RBC that the SP-2 project will be implemented with the support of European states and companies. According to him, the US “sanctions baton” always advocates competition, but uses non-market instruments.

“US sanctions will delay the launch of the project, but will not stop its completion. Ultimately, Moscow, with the help of Berlin, will find ways to bypass the restrictions, ”Naz Masraff, director for Europe at the Eurasia Group consulting company, quoted the Financial Times.

EU Ambassador to Moscow Markus Ederer previously announced that Brussels is preparing a unified response to sanctions against SP-2. As Ederer explained, the common position of the European Union was formulated by the head of European diplomacy, Josep Borrell, who called the unilateral US sanctions against SP-2 a direct violation of international law.

The European Commission also said that they oppose third-country sanctions against European companies doing legitimate business.

Russian President Vladimir Putin promised in January 2020 that SP-2 will be completed by Russian forces, but construction will be completed several months later than planned.

Director of the Energy Development Fund Sergei Pikin is confident that SP-2 will be completed by mid-summer 2021, if nothing “extraordinary” happens.

According to Deputy Director General of the Institute of National Energy Alexander Frolov, by this time the gas pipeline can already be put into operation, NSN reports.

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In Sweden, they fear that US President-elect Joe Biden will pursue a tougher policy towards the Nord Stream 2 pipeline than Donald Trump, and this will lead to a “gas war.” At the same time, Stockholm recalls that the issue of the pipeline for Sweden has already been resolved, since the government of the kingdom has already approved its laying through the Swedish economic zone.

Joe Biden’s presidency in the United States will initiate a “gas war” over the Nord Stream 2 pipeline from Russia to Europe, according to the Swedish newspaper Svenska Dagbladet.

As they are confident in Stockholm, the democrat will treat the SP-2 “even tougher than Donald Trump.”

While still vice-president, Biden said that because of the pipeline running under the Baltic Sea, Europe “will become even more dependent” on Russian gas.

He said that the best alternative was the supply of liquefied natural gas from the United States.

Biden was convicted of wanting to destroy the Russian economy

The article notes that the issue of a pipeline for Sweden has already been resolved, since the kingdom’s government has already approved its laying through the Swedish economic zone.

Swedish companies are not involved in the project, so they should not be afraid of American sanctions, but the United States is putting pressure on all countries affected by SP-2, including Sweden, the FAN quotes Natalia Milchakova, deputy head of the Alpari IAC.

The expert linked the very fact of publishing such material in the Swedish media with the internal political processes in Sweden.

“They have their own ‘hawks’ (if only the local screamers that exist everywhere can be called ‘hawks’), who demand an increase in the defense budget of their little kingdom to combat the mythical Russian threat, as well as contributions to NATO,” the analyst added …

According to her, the only way for the United States to continue to be present in the European energy market is to supply gas for free or almost free of charge, as was the case at the beginning of last summer.

Last fall, Swedish Prime Minister Stefan Leuven said that Stockholm had already made all decisions regarding the construction of the SP-2, reported the Frankfurter Allgemeine Zeitung.

In 2018, Sweden issued a construction permit for the pipeline. It should remain in effect as canceling the deal would violate international law, Leuven said.

He added that it is important for the Swedish side that international law is respected.

In December 2020, the House of Representatives and the Senate of the American Congress agreed and made amendments to the draft US defense budget for the coming year, according to which sanctions against SP-2 will be tightened.

Restrictions will be directed to insurance companies and companies in the field of certification, without which it is impossible to obtain a building permit in the EU. Companies involved in the modernization of ships and the project’s infrastructure were also under pressure from the American authorities.

The head of the State Department, Michael Pompeo, expressed the opinion that US shale gas is “the best way to put pressure” on Moscow.

Dmitry Peskov, the press secretary of the Russian president, called the sanctions unfair competition.

Commenting on what is happening, Deputy Prime Minister of the Russian Federation Alexander Novak told RBC that the SP-2 project will be implemented with the support of European states and companies. According to him, the US “sanctions baton” always advocates competition, but uses non-market instruments.

“US sanctions will delay the launch of the project, but will not stop its completion. Ultimately, Moscow, with the help of Berlin, will find ways to bypass the restrictions, ”Naz Masraff, director for Europe at the Eurasia Group consulting company, quoted the Financial Times.

EU Ambassador to Moscow Markus Ederer previously announced that Brussels is preparing a unified response to sanctions against SP-2. As Ederer explained, the common position of the European Union was formulated by the head of European diplomacy, Josep Borrell, who called the unilateral US sanctions against SP-2 a direct violation of international law.

The European Commission also said that they oppose third-country sanctions against European companies doing legitimate business.

Russian President Vladimir Putin promised in January 2020 that SP-2 will be completed by Russian forces, but construction will be completed several months later than planned.

Director of the Energy Development Fund Sergei Pikin is confident that SP-2 will be completed by mid-summer 2021, if nothing “extraordinary” happens.

According to Deputy Director General of the Institute of National Energy Alexander Frolov, by this time the gas pipeline can already be put into operation, NSN reports.

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In Sweden, they fear that US President-elect Joe Biden will pursue a tougher policy towards the Nord Stream 2 pipeline than Donald Trump, and this will lead to a “gas war.” At the same time, Stockholm recalls that the issue of the pipeline for Sweden has already been resolved, since the government of the kingdom has already approved its laying through the Swedish economic zone.

Joe Biden’s presidency in the United States will initiate a “gas war” over the Nord Stream 2 pipeline from Russia to Europe, according to the Swedish newspaper Svenska Dagbladet.

As they are confident in Stockholm, the democrat will treat the SP-2 “even tougher than Donald Trump.”

While still vice-president, Biden said that because of the pipeline running under the Baltic Sea, Europe “will become even more dependent” on Russian gas.

He said that the best alternative was the supply of liquefied natural gas from the United States.

Biden was convicted of wanting to destroy the Russian economy

The article notes that the issue of a pipeline for Sweden has already been resolved, since the kingdom’s government has already approved its laying through the Swedish economic zone.

Swedish companies are not involved in the project, so they should not be afraid of American sanctions, but the United States is putting pressure on all countries affected by SP-2, including Sweden, the FAN quotes Natalia Milchakova, deputy head of the Alpari IAC.

The expert linked the very fact of publishing such material in the Swedish media with the internal political processes in Sweden.

“They have their own ‘hawks’ (if only the local screamers that exist everywhere can be called ‘hawks’), who demand an increase in the defense budget of their little kingdom to combat the mythical Russian threat, as well as contributions to NATO,” the analyst added …

According to her, the only way for the United States to continue to be present in the European energy market is to supply gas for free or almost free of charge, as was the case at the beginning of last summer.

Last fall, Swedish Prime Minister Stefan Leuven said that Stockholm had already made all decisions regarding the construction of the SP-2, reported the Frankfurter Allgemeine Zeitung.

In 2018, Sweden issued a construction permit for the pipeline. It should remain in effect as canceling the deal would violate international law, Leuven said.

He added that it is important for the Swedish side that international law is respected.

In December 2020, the House of Representatives and the Senate of the American Congress agreed and made amendments to the draft US defense budget for the coming year, according to which sanctions against SP-2 will be tightened.

Restrictions will be directed to insurance companies and companies in the field of certification, without which it is impossible to obtain a building permit in the EU. Companies involved in the modernization of ships and the project’s infrastructure were also under pressure from the American authorities.

The head of the State Department, Michael Pompeo, expressed the opinion that US shale gas is “the best way to put pressure” on Moscow.

Dmitry Peskov, the press secretary of the Russian president, called the sanctions unfair competition.

Commenting on what is happening, Deputy Prime Minister of the Russian Federation Alexander Novak told RBC that the SP-2 project will be implemented with the support of European states and companies. According to him, the US “sanctions baton” always advocates competition, but uses non-market instruments.

“US sanctions will delay the launch of the project, but will not stop its completion. Ultimately, Moscow, with the help of Berlin, will find ways to bypass the restrictions, ”Naz Masraff, director for Europe at the Eurasia Group consulting company, quoted the Financial Times.

EU Ambassador to Moscow Markus Ederer previously announced that Brussels is preparing a unified response to sanctions against SP-2. As Ederer explained, the common position of the European Union was formulated by the head of European diplomacy, Josep Borrell, who called the unilateral US sanctions against SP-2 a direct violation of international law.

The European Commission also said that they oppose third-country sanctions against European companies doing legitimate business.

Russian President Vladimir Putin promised in January 2020 that SP-2 will be completed by Russian forces, but construction will be completed several months later than planned.

Director of the Energy Development Fund Sergei Pikin is confident that SP-2 will be completed by mid-summer 2021, if nothing “extraordinary” happens.

According to Deputy Director General of the Institute of National Energy Alexander Frolov, by this time the gas pipeline can already be put into operation, NSN reports.




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