Washington's sanctions: Uniper holds Failure of Nord Stream 2 is possible

The energy supplier Uniper warns of further delays or even a Failure in the Baltic sea-Nord Stream gas pipeline 2, in which he is involved as a lender. The reas

Washington's sanctions: Uniper holds Failure of Nord Stream 2 is possible

The energy supplier Uniper warns of further delays or even a Failure in the Baltic sea-Nord Stream gas pipeline 2, in which he is involved as a lender. The reason is the increasingly loud threats of Sanctions by the American government against the new tubes to bring large amounts of natural gas from Russia to Europe.

Helmut Bünder

economic correspondent in Düsseldorf.

F. A. Z.

the American resistance, the probability, "that there is a delay in the construction of the gas pipeline or not at all to a completion, will increase", - stated in the risk report published on Tuesday half-year balance sheet. For Uniper, a credit of approximately 950 million euros in the fire, with which the group is involved in a total of around 10 billion euros estimated cost of construction is.

In the case of a Failure Uniper had to be corrected", where applicable, the Nord Stream 2 the credit value and not able to realize the planned interest income," warns the company. "The risk of Failure to qualify to continue as a significant individual risk for the Uniper-group."

Lavrov: line is ready to be built

German foreign Minister Heiko Maas stressed, meanwhile, that the United States would not pretend to the European course, in the power supply. the EU would not dictate its energy policy. "No state has the right to dictate to the EU energy policy. And the will not succeed,“ he said in Moscow after Meeting with his Russian counterpart, Sergei Lavrov. Based on the American threats against the completion of the Pipeline, he added: "sanctions between the partners (are) definitely the wrong way to go." He, Maas, this also explains the American Secretary of state Mike Pompeo.

Germany will push in the current EU-presidency, the issue of European sovereignty, announced Maas. Europe's values and interests. "If these interests are contravened, then we will bring this (...) in the direction of
the West to the language."

Russian foreign Minister Lavrov accused Washington of wanting to anywhere in the world, its Position will prevail. The Nord Stream project 2 had to be completed. "And as far as I understand, there is every reason to assume that this will happen in the next time."

Updated Date: 11 August 2020, 09:19

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