Date: 5 months ago   Category: Energy

Shell has allowed an exit from the Nord Stream — 2 project in case of sanctions of the USA — Rambler News Service


Photo: globallookpress.com/Alexander Pohl the Shell Oil and gas company can consider exit option from the Nord Stream — 2 project if the USA imposes sanctions against participants of the project, the head of Shell Ben van Berden has said during the speech at the international forum "Russian Power Week". "We need to arrive for the benefit of our shareholders. If the USA inflicts on us sanctions for participation in the project, then we will have no choice" — he has told. Earlier official representative of State Department of the USA Heather Nauert said that sanctions within the law "About Counteraction to Opponents of America by means of Sanctions" (CAATSA) can be imposed against the companies working with Russia in the sphere of pipelines and supply of energy resources. In particular, it was talked of "Nord Stream — 2". At the same time in the middle of September Trump has said that the USA isn't going to impose sanctions against the participating companies of this project. "Nord Stream — 2" — the gas pipeline from Russia to Germany through the Baltic Sea 1220 km long and 55 billion cubic meters in a year. He directly will connect the Russian resource base and the European consumers. On September 5 the Nord Stream 2 company, the operator of construction of the Nord Stream-2 gas pipeline, has begun laying of pipes of the gas pipeline in an exclusive economic zone of Finland. It is expected that construction of the gas pipeline will come to the end at the end of 2019.

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