News Digest Item
20 Jul 2017

“Collateral damage included”

Handelsblatt Online

Germany is at risk of being caught in the middle of a looming conflict between Russia and the US over natural gas supplies to Europe, Klaus Stratmann writes in Handelsblatt. “The USA is intent on competing with Russia to become the dominant energy power” through ramping up its exports across the Atlantic “without considering the collateral damage”, Stratmann says. The US Senate has recently agreed on sanctioning all companies that are involved in the construction of Russia’s gas infrastructure, and this could severely affect German companies active in the Nord Stream 2 pipeline project that connects Germany with Russia via the Baltic Sea, he argues. Envoys from several EU member countries, such as the UK, the Netherlands and Germany, now seek to influence the US House of Representatives to change the American strategy.

Read the article in German here (behind paywall).

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