European firms see no dependence on Russia from Nord Stream-2 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

European firms see no dependence on Russia from Nord Stream-2

BERLIN, Feb 26 (PRIME) -- The Nord Stream-2 natural gas pipeline does not create dependence of Europe on Russia, it is a partnership that follows long-term and successful cooperation, executives of AustriaТs OMV and GermanyТs Wintershall and Uniper said in a joint statement on Monday.

УRussian gas supplies guarantee safety of supplies to Europe. We have to ensure safe supplies and competitive prices for gas as we are partners of large European employers. Russian gas supplies are a significant component of that, moreover, there is no other country in the world with such large reserves of gas. But the issue here is not in one-sided dependence of Europe on Russia, but in partnership that has been providing secure gas supplies to German for several decades,Ф the statement read.

УAlso, the volumes that Europe needs grows with each year. And we know no consumers of gas that would like to replace Russian pipeline gas with more expensive liquefied gas from the U.S.Ф

The European CommissionТs role is to stick to existing legislation, while the legal framework of the project is strict and leaves no room for actions of the European Commission, Уwhich is showed by the conclusion of the legal service of the European Council,Ф the executives said in the letter.

The Nord Stream-2 project envisages construction of two lines of a natural gas pipeline with an annual capacity of up to 55 billion cubic meters, running from the Russian shore to Germany under the Baltic Sea. Russian gas giant Gazprom will implement the project together with its European partners Ц Shell, OMV, Engie, Uniper, and Wintershall.

End

26.02.2018 19:57
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 79.1749 -0.1846 19 sep
USD 67.7519 -0.4439 19 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1123.03 +2.14 18:50 18 sep
micex 2402.58 +1.21 18:50 18 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 157.08 +1.04 18:49 18 sep
lkoh 4685.00 +1.17 18:48 18 sep
rosn 440.40 -0.20 18:49 18 sep
sber 191.65 +1.88 18:49 18 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 79.1900 -0.2175 14:59 18 sep
USDTD 68.0075 -0.0025 17:44 18 sep