Russian President said:
- Why is everyone circling around Nord Steam 2? They want to force Russia to pay for their [Western] geopolitical project in Ukraine
- That's all, in fact; everything is quite primitive, everything is simple. We have long understood this
In response to the sanctions, President Putin said Russia could finish building the pipeline on its own but its completion would be delayed to up to the end of the 1st quarter of 2021.
Vladimir Putin hoped that US President-elect Joe Biden will not interfere with the implementation of the project.
But the position of the new U.S. administration remains identical to that of Donald Trump in terms of sanctions against Russian energy project.
In fact, Joe Biden already opposed Nord Stream while serving a Vice President under Barack Obama.
The US said that the Nord Stream 2 pipeline would make Europe more dependent on Russian gas and hurt European energy security.
However, the U.S.’ efforts to enter the European market with its LNG are also behind the criticism.
Washington’s position is contrary to that of Berlin, which seeks to finish the project regardless of the position of the US.
Last week Head of Investor Relations at Gazprom Anton Demchenko said that construction of the gas pipe in in Danish territorial waters continues.
The work set to be completed in April 2021.