Saturday, June 13th, 2026

Austrian Chancellor bats for proceeding with Nord Stream 2 pipeline project



ROME: Austrian Chancellor Alexander Schallenberg said that the Nord Stream 2 gas pipeline will not increase Europe’s dependence on Russian gas, and the project should be continued.

“With or without Nord Stream 2, we depend on Russian gas in a certain way. That is a fact. I agree that eventually, we need to decrease this dependence on Moscow. But I do not think that Nord Stream 2 will increase it. The other way around, a new route after the opening will diversify the routes of supplies. However, Russia has always respected commitments, and the issue now is that it is not expanding the supplies. I suppose, anyway, it is necessary to proceed in the gas pipeline construction on the bottom of the Baltic Sea,” the Austrian chancellor told the Italian Corriere della Sera newspaper.

Amid the energy crisis in Europe, Russia has repeatedly stated that it fulfils its obligations of gas supplies and is ready to step up gas volume delivered to the EU.

In early November, newly-appointed Austrian Foreign Minister Michael Linhart told Sputnik that Nord Stream 2 contributes to the energy security of Europe. The Nord Stream 2 project is designed to carry natural gas from Russia to Germany beneath the Baltic Sea.

The project is actively opposed by the United States that is promoting its liquefied natural gas in Europe, and Ukraine that fears losing gas transit revenues.

In December 2020, Washington imposed sanctions against Nord Stream 2 and urged companies to immediately stop laying the pipeline. Moscow adopts the position that Nord Stream 2 is a commercial project and is beneficial both to Russia and the EU. (ANI/Sputnik)

Publish Date : 29 November 2021 18:21 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Kathmandu hosts high-level meeting on India–Nepal cross-border railway projects

KATHMANDU: A high-level meeting has been held in Kathmandu to

13 arrested with narcotic substances from different parts of Nepal

KATHMANDU: Police have arrested 13 individuals from different parts of

Iran and US say deal closer than ever

TEHRAN: Iranian and US officials said Friday a deal to

Economic Survey for FY 2082/83BS presented in Koshi Province Assembly

BIRATNAGAR: The Economic Survey for ongoing fiscal year 2082/83 BS