Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Russia, Germany "Satisfied" With Progress Of Nord Stream-2 Pipeline

Russia, Germany "Satisfied" With Progress Of Nord Stream-2 Pipeline

Vladimir Putin praised Germany's "commitment" to the project, the Kremlin said, stressing that it is "purely commercial" and aimed at strengthening the energy security of Germany and the European Union.
The Kremlin said Wednesday that Russian President Vladimir Putin and German Chancellor Angela Merkel had expressed their satisfaction with the near completion of the controversial Nord Stream-2 pipeline during phone talks.

"The leaders are satisfied with the construction of Nord Stream-2 nearing completion," the Kremlin said in a statement after the talks.

During the phone call, Putin praised Germany's "commitment" to the project, the Kremlin said, stressing that it is "purely commercial" and aimed at strengthening the energy security of Germany and the European Union.

Earlier Wednesday the United States announced it had reached an agreement with Germany on the Nord Stream 2 pipeline that would threaten Russia with sanctions and seek to extend the transit of gas through Ukraine.

The nearly finished 10-billion-euro ($12-billion) pipeline is set to double Russian gas supplies to Germany, Europe's largest economy.

But the project has been fiercely opposed by the United States and several European countries which argue that it will increase energy dependence on Russia and Moscow's geopolitical clout.

The pipeline bypasses Ukraine's gas infrastructure, depriving the nation of around a billion euros annually in transit fees and, Kiev fears, removing a key check on potential Russian aggression in the region.

The Kremlin said Wednesday that Putin and Merkel had discussed a possible extension of a gas transit agreement between Moscow and Kiev.

"The Russian president and the German Chancellor touched upon a possibility of extending an agreement between Gazprom and Ukraine's Naftogaz on the transit of gas through Ukrainian territory beyond 2024," the Kremlin said without giving any other details.

Victoria Nuland, the under secretary of state for political affairs, said that Germany had agreed to work alongside the United States to press Russia to extend by 10 years a transit agreement through Ukraine that is due to expire at the end of 2024.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×