Gazprom Gerd For Painful Counter-Reactions

He didn’t say who these counter-reactions were going to be most painful too, however.

Gerd

Nord Stream 2, folks. It’s getting ugly. The ex-chancellor’s reaction is quite understandable, however. Considering who he works for.

German government officials, MPs and experts have criticised U.S. plans to tighten sanctions on the contentious natural gas pipeline project Nord Stream 2 (NS2) currently under construction in the Baltic Sea as an encroachment on EU sovereignty in a parliamentary hearing. Former German chancellor Gerhard Schröder, who has close ties to the Russian government and chairs Nord Stream 2’s board of directors, said there is no doubt that the U.S. attempt to “dictate the sovereign community of states such as the EU what to do” must be rejected. He said that diplomatic possibilities must be exploited, “but this will not work without counter sanctions”, without giving details. Schröder said natural gas would be needed as a bridging technology in Germany’s energy system for a very long time.

But the former chancellor’s comments were met with criticism. His presence as a “badly informed Russian gas lobbyist is a disgrace for the highest government office”, said Alexander Reitzenstein, senior policy advisor at think tank E3G.