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WorldPutin proposes to increase gas supplies to Europe through Nord Stream 2

Date:

Putin proposes to increase gas supplies to Europe through Nord Stream 2

The Russian leader says a mothballed pipeline can ferry energy exports west if it is proven safe following a spate of recent explosions.

Russian President Vladimir Putin has said Moscow is ready to resume gas supplies to the European Union via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea – an offer quickly rejected by Berlin.

Speaking at a Moscow energy forum on Wednesday, Putin said that one of the two links of the pipeline remained pressurised despite a series of ruptures last month which caused major leaks, sending gas spewing out off the coast of Denmark and Sweden.

The Nord Stream 1 pipeline was also ruptured by powerful underwater explosions in September.

Western officials have linked the incidents to “sabotage” but have held back from attributing responsibility for the blasts while investigations by German, Danish and Swedish officials continue.

Putin said that if checks prove the Nord Stream 2 link is safe to operate, Russia stands ready to use the pipeline to pump gas to Europe, adding its capacity stands at 27 billion cubic meters (bcm) a year.

The Nord Stream 2 pipeline has never brought natural gas to Europe because Germany prevented the flows from ever starting just before Russia launched military action in Ukraine on February 24.

Putin also repeated an earlier accusation that the United States was likely behind the blasts on the Nord Stream pipelines, without providing any evidence to support his claim, and floated the idea of creating an alternative European gas hub via Turkey.

“The act of sabotage of the Nord Stream 1 and 2 is an act of international terrorism aimed at undermining energy security of the entire continent by blocking supplies of cheap energy,” Putin said, alleging that the US wants to force Europe to switch to importing more expensive liquefied natural gas.

 

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