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Russia Cries War As U.S. Tries To Kill Nord Stream 2

The widening U.S. sanctions on the Russia-led natural gas pipeline project Nord Stream 2 are a kind of hybrid warfare used by the United States, Vladimir Putin’s Press Secretary Dmitry Peskov said on Monday.

“This is indeed a variant of hybrid warfare, it is used as a hybrid war by the United States,” Peskov said, as carried by Russian news agency TASS, asked about if the Kremlin agreed with a previous statement by Russian businessman Oleg Deripaska that the sanctions were hybrid warfare.

“Let's take the sanctions against Nord Stream - it is a pure hybrid war that goes on like a war accompanied by unfair competition,” TASS quoted Peskov as saying on Monday.

The U.S. continues to try to kill the project by slapping sanctions on anyone or any company helping the pipeline in any way.

U.S. sanctions have delayed offshore construction works as the United States looks to thwart the completion of the pipeline by broadening the scope of the sanctions against service providers and those funding vessels involved in the construction of Nord Stream 2, and including the project as a target of more sanctions in the U.S. defense bill.

However, work off the coast of Germany, the endpoint of the pipeline, resumed earlier this month, with the pipe-laying vessel Fortuna laying a 2.6-kilometer (1.6-mile) section of the pipe.   

Potential new U.S. sanctions on Russia because of recent cyber attacks, as well as plunging oil prices because of fear of a new coronavirus strain, sent the Russian ruble to its steepest drop since March this year. Additionally, the ruble was further pressured by the growing risk aversion toward emerging-market currencies and other asses on the markets on Monday.

Early on Monday, oil prices dropped by 3.5 percent amid growing concerns over the new virus strain in the UK, which prompted many European countries to suspend all flights from the UK.

By Tsvetana Paraskova for Oilprice.com

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  • Bob Bob on January 14 2021 said:
    Cyber attacks lol. US will make up anything
  • Jay T on December 23 2020 said:
    LOL! It is a bit obvious that you don't love Russia very much because without any evidence you're implying that Russia did a cyber attack against the US. I think that the more interesting story is the failure of US policy to prevent Nordstream 2 and the fact that most likely it is the last major business deal between Russia and a major EU country in the future since the EU has made it abundantly clear that it has decided to lie in bed with the US (and the disaster that decision has brought in terms of the economy and for the benefit of a small number of extremely wealthy individuals - can you say oligarchs).
  • Alexander Vincent on December 22 2020 said:
    This is purely hypothetical, might be slightly divorced form the reality but to move forward merge Nordstream 1 with Nordstream 2 project as a single network , preferably after 30 mile section in Danish territorial waters is completed. Then build an “overflow” line between two Nordstream 1 and Nordstream 2 terminals. Line can have a useful function or none whatsoever, but it will appear as a technical requirement for better gas distribution and utilization and prevent Germany succumbing to the relentless pressure to drop Nord Stream 2 project.
    New project can be managed by a newly created Gazprom subsidy, let’s arbitrarily called it EuroStreams. Under EuroStreams management also include Yamal-Europe pipeline. If Poland takes the bate and continue with lawsuits, after rebranded Nordstream 2 leg is fully operational, calibrate gas flow via Yamal-Europe pipeline accordingly.
  • Mamdouh Salameh on December 21 2020 said:
    If not hybrid war US sanctions against Russia’s Nord Stream 2 gas pipeline are certainly economic warfare pure and simple motivated by US self-interest.

    Despite US sanctions, the Nord Stream 2 gas pipeline is unstoppable. President Putin said it would be completed in 2021. Russian energy experts now expect the pipeline to be completed by the end of the first quarter of 2021 and to start delivering gas to Germany by the end of 2021.

    With 95% completed and with President Putin and German Chancellor Angela Merkel behind it, no US sanctions can stop its completion.

    Pipe-laying work has now resumed in Baltic Sea waters off the German coast to complete the remaining 16 kilometres and another 60 kilometres in the Danish section out of 1230 kilometres being the total length of the pipelines.

    It is hoped that President-elect Biden will heed lessons from the past when two illustrious predecessors of his John F. Kennedy and Ronald Reagan tried and failed to derail USSR-backed energy-export pipelines such as the Friendship (Druzhba) oil pipeline in the 1960s and the Brotherhood (Bratstvo) gas pipeline in the 1980s respectively. Nord Stream 2 gas pipeline will be no exception.

    If that is the case, wouldn’t be more logical for President Biden’s administration to accept gracefully the inevitable that US sanctions have failed to stop Nord Stream 2. In so doing, he would be resetting his relations with President Putin and starting a new page with Russia. President Biden for might even reach an agreement with President Putin for an extension of the major US-Russian New Strategic Arms Reduction Treaty, or the implementation of something similar.

    If on the other hand, a Biden administration intends to escalate tension with Russia and continue to tighten the sanctions regime, he will find that he won’t fare better than outgoing President Trump.

    Dr Mamdouh G Salameh
    International Oil Economist
    Visiting Professor of Energy Economics at ESCP Europe Business School, London

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