The Russian gas pipeline will cease to exist while Western sanctions are maintained. At the moment, its construction has been postponed for at least two years.
Construction of Nord Stream-2 will be delayed for at least two years. This was stated by the director of the Eurasian Center of the Atlantic Council of the United States John Herbst at the forum in Davos, reports Ukrinform.
He also noted that if the pressure from the West continues, this pipeline may cease to exist at all. North Stream – 2 is suspended for at least two years, and possibly longer,” the expert stressed.
According to him, the Russians “can beat themselves in the chest” and declare that they will complete this project, but in the current conditions, it may cease to exist at all.
“I won’t make predictions that Nord Stream 2 will die, but I will tell you that there is a very good chance that this will happen. This means that Ukraine’s role as a transit state will remain, although not on such a scale as before,” the analyst said.
He explained this by the fact that to complete the Nord Stream – 2 Russia will need a company that will provide a technological opportunity for laying pipes on the seabed. Since Russia does not have such companies, foreign partners remain.
“But, of course, U.S. sanctions are a bloodletting for any foreign company that wants to do such a business, because all roads lead to the United States. That may change over time, although I don’t think that’s going to happen,” Herbst said.
At the same time, Herbst noted that it is very important that the U.S. continues to pay attention to the Nord Stream – 2 regarding the imposition of targeted sanctions on any firm that will help the Russians.
“We need to do this more and more to make sure that any Western technology that could be used to help the Russians will not be able to be used, and that everyone understands what will happen next if it goes on.
Recall, December 20, U.S. President Donald Trump signed a bill on the defense budget for the fiscal year 2020, which provides for sanctions against Russian gas pipelines Nord Stream-2 and Turkish Stream.
In this regard, the Swiss company Allseas immediately stopped the construction of Nord Stream-2 and withdrew its ships from the construction area.