After the launch of the Nord Stream 2 gas pipeline, Ukraine may lose three billion dollars, but this damage is “non-critical,” the former Minister of Economy, President of the Center for Market Reforms Vladimir Lanovoy said in an interview with NSN.
“All the same, this money is drowned in Naftogaz’s “bogus”. There is nothing to understand – where they have income, where they have expenses. At the same time, people will become poorer because the authorities are raising tariffs on heating, electricity, gas and other energy resources. And this is completely unjustified”, noted Lanovoy.
Earlier, Ukraine’s Finance Minister Serhiy Marchenko estimated that the launch of the pipeline could damage the Ukrainian economy in the amount of about 1.5 billion dollars a year due to the loss of resources and jobs.
“Nord Stream – 2” involves the construction of two strings of the pipeline from the Russian coast through the Baltic Sea to Germany. The capacity will be 55 billion cubic meters of gas per year.
It is opposed by the U.S., which promotes its liquefied natural gas to Europe, as well as Ukraine, Poland, Lithuania and Latvia, which call the project political.
In December 2019, Washington imposed sanctions on the pipeline, causing Switzerland’s Allseas to halt the installation. Work continued a year later: in December 2020, the vessel Fortuna stretched 2.6 kilometers of pipes in German waters. According to Nord Stream 2 AG, approximately 148 of the 2,460 kilometers of pipeline were left unfinished out of the total length of its two strings: 120 in Danish and 28 in German waters.
Russia has repeatedly stressed that Nord Stream 2 has purely economic goals.