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01:01

Russia: ‘Like in Wild West times’ - Peskov on US position on Nord Stream 2 *PARTNER CONTENT*

Russian Federation, Moscow
May 31, 2019 at 16:10 GMT +00:00 · Published

Kremlin Spokesperson Dmitri Peskov commented on US gas producers and suppliers’ positions on the Nord Stream 2 pipeline project, speaking in an exclusive interview to RT’s SophieCo, Friday.

“Instead of fair competition they prefer to act like in Wild West times. They just show the gun and say no, you guys in Europe, you will buy our natural gas and we don’t care that it is at least 30 percent more expensive than the gas coming from the Russians”, said Kremlin’s spokesperson.

Commenting on the Nord Stream 2 project itself, Peskov states that “that’s a huge international project. That has been performed for the benefits of those countries who provide and who receive the natural gas and it would be a very significant contribution to the energy sector of EU.”

Over 1,100 kilometres (680 miles) of the Nord Stream 2 pipeline have been laid in total so far, according to Nord Stream 2 AG.

The pipeline is expected to be finished later this year, with the total length being 1,225 kilometres (760 miles). The Nord Stream 2 pipeline is supposed to increase the amount of gas going under the Baltic Sea to 55 billion cubic metres per year.

The €11 billion ($12.3bn) pipeline project is financed by Russia's Gazprom alongside Germany's Uniper and BASF, Anglo-Dutch firm Shell, Austria's OMV and France's Engie.

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Description

Kremlin Spokesperson Dmitri Peskov commented on US gas producers and suppliers’ positions on the Nord Stream 2 pipeline project, speaking in an exclusive interview to RT’s SophieCo, Friday.

“Instead of fair competition they prefer to act like in Wild West times. They just show the gun and say no, you guys in Europe, you will buy our natural gas and we don’t care that it is at least 30 percent more expensive than the gas coming from the Russians”, said Kremlin’s spokesperson.

Commenting on the Nord Stream 2 project itself, Peskov states that “that’s a huge international project. That has been performed for the benefits of those countries who provide and who receive the natural gas and it would be a very significant contribution to the energy sector of EU.”

Over 1,100 kilometres (680 miles) of the Nord Stream 2 pipeline have been laid in total so far, according to Nord Stream 2 AG.

The pipeline is expected to be finished later this year, with the total length being 1,225 kilometres (760 miles). The Nord Stream 2 pipeline is supposed to increase the amount of gas going under the Baltic Sea to 55 billion cubic metres per year.

The €11 billion ($12.3bn) pipeline project is financed by Russia's Gazprom alongside Germany's Uniper and BASF, Anglo-Dutch firm Shell, Austria's OMV and France's Engie.

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