The German government offered the U.S. a deal worth 1 billion euros in exchange for Washington’s waiver of sanctions against the project “Nord Stream – 2”. This was announced today, September 16, by the German newspaper Die Zeit with reference to sources.
According to the newspaper, Germany expressed its readiness to invest up to 1 billion euros in the construction of two terminals in the country to receive American liquefied natural gas.
“In response, the U.S. will allow the unhindered completion and operation of “Nord Stream – 2,” – said in a letter from Vice Chancellor – Minister of Finance of Germany Olaf Scholz, sent August 7 to the head of the U.S. Treasury Steven Mnuchin.
As EADaily reported, earlier in the German government allowed to stop the “Nord Stream – 2”, for the completion of which is now being prepared by Gazprom. According to the dpa agency, German Chancellor Angela Merkel held a closed meeting of the ruling parties’ faction at which she suggested that the fate of the Baltic gas pipeline should be decided at the European level.
Against the background of the story with oppositionist Alexey Navalny, who is now in Berlin’s Charite clinic, politicians – opponents of the Baltic gas pipeline – became more active in Germany, however, as Spiegel notes, the support of the project in the ruling parties remains. Germany does not discuss why its history with Navalny coincided with the time when the completion of the Nord Stream-2 project is to be resumed. But they already raise the question that the ban may cost Germany a lot.
Before the collision with Navalny, the biggest threat to Nord Stream-2 was considered to be the U.S. intention to extend sanctions to the project. They are planned to be adopted in November-December in the US defense budget for the next year. The sanctions concern all types of vessels participating in the project, insurance and certification organizations and even ports. American senators even wrote letters to Germany, and the U.S. Treasury Department held video conferences with project investors. Washington tried to intimidate Europeans with future sanctions, but caused the opposite reaction. This was followed by the story of Navalny.