“For example, the pipeline, the Russian pipeline. No one had even heard of the Russian pipeline until I showed up and said, “Can it?”. It was me, not someone else,” Trump said Monday on Fox News.
Nord Stream 2 involves the construction of two strands of a gas pipeline with a total capacity of 55 billion cubic meters of gas per year from the Russian coast through the Baltic sea to Germany. It is implemented by Nord Stream 2 AG with the sole shareholder — Gazprom.
European partners-British-Dutch Royal Dutch Shell, Austrian OMV, French Engine, and German Juniper and Wintershall-together finance the project by 50%, that is, up to 950 million euros each. The remaining half of the funds – 4.75 billion euros – is accounted for by Gazprom.
The United States, which promotes its liquefied natural gas in the EU, as well as Ukraine and several European countries actively oppose Nord stream 2. The States in December imposed sanctions against the project, requiring the companies leading the laying to immediately stop construction. Swiss Allseas almost immediately announced the suspension of gas pipeline construction.