Germany Offered the US to Spend $1.2bn on LPG Terminals for Dropping Nord Stream 2 Sanctions

Was was not going to be accepted anyway since Washington knows its "freedom molecules" can not compete on price

Germany offered to spend up to €1bn to subsidise the construction of two liquid natural gas terminals capable of receiving US gas exports in exchange for Washington dropping its opposition to the Nord Stream 2 gas pipeline.

The proposal — formulated last month by German finance minister Olaf Scholz in a letter to US Treasury secretary Steven Mnuchin — shows the great lengths to which Berlin was willing to go in order to support the project before the poisoning of Alexei Navalny.

Berlin sees Nord Stream 2, which is designed to bring natural gas directly from Russia to Germany through the Baltic Sea, as a cornerstone of its energy policy as it exits nuclear and coal power. But since Mr Navalny’s poisoning, Angela Merkel’s government has come under pressure to pull the plug on it. The German chancellor has said Mr Navalny, who is being treated in a Berlin hospital, was exposed to a banned chemical nerve agent from the novichok group, and has demanded that Russia explain itself.

In the August 7 letter seen by the Financial Times, Mr Scholz said Germany would increase its financial support for LNG infrastructure and import capacities “by up to €1bn” in exchange for the US “allow[ing] for the unhindered construction and operation of Nord Stream 2”.

Mr Scholz expressed his concern about the latest US sanctions against companies involved in building the gas pipeline, saying they “deeply infringe European energy sovereignty” and could threaten several European companies involved in the project “with ruin”.

It is unclear whether the offer is still valid. The German Ministry of Finance, the US Treasury and the US Department of State declined to comment on the content of the letter, which was first revealed by newspaper Die Zeit.

The US has long opposed Nord Stream 2 and in December imposed sanctions against companies involved in its construction. That move prompted Swiss pipe-layer Allseas to suspend its work with just 6 per cent left to install. A group of US senators from across the political divide are pushing to extend those sanctions.

Criticism of the project has grown in Europe too, with opponents saying it will increase Europe’s dependence on Russian energy exports at a time of rising tensions with Moscow. In her State of the Union address on Wednesday, European Commission president Ursula von der Leyen [a known uber-Atlanticist] said: “To those that advocate closer ties with Russia, I say that the poisoning of Alexei Navalny with an advanced chemical agent is not a one-off. This pattern is not changing — and no pipeline will change that.”

Many in Berlin believe that Washington’s main motivation in opposing Nord Stream 2 is to sell Germany more American LNG. Ever since transatlantic tensions over the pipeline began to rise, Berlin has sought to assuage US concerns with plans to build LNG terminals — in Wilhelmshaven and Brunsbüttel, both on the north-west coast.

But the US has denied that its misgivings about the pipeline — owned by Russian gas giant Gazprom — are driven by commercial considerations. “The US opposition to Nord Stream 2 long predates any discussion of LNG,” said Joseph Giordono-Scholz, a spokesman for the US embassy in Berlin.

There are also doubts in Washington that Mr Scholz’s offer would have had the desired effect. A senior congressional aide said it was unlikely that such a proposal would assuage concerns of those US senators worried over Russian influence in Europe.

Source: Financial Times

  1. VK HAM says

    Fake News , Germany would not pay to American bankruptcy.

  2. Richard Monette says

    If putin wanted him dead, HE WOULD BE!…Merckle and all the Germans need to denounce the US, possibly leave Nato, kick out american troops for sure…I ask any German reading this…How does it feel to be americas bitch? in front of the world, That offer was like giving the school bully your lunch money…my respect for the germans …all time low.

  3. cechas vodobenikov says

    the amerikan empire is desperate. NS2 has nothing to do with dependence; it regards the impotence and rapidly declining relevance of amerika—economically, politically, socially

  4. VK HAM says

    Security forces intercepted German calls showing that “opposition” leader A.Navalny’s poisoning was fake.

  5. Mary E says

    Russia worked hard to achieve its current presence in Germany with the NordStream pipeline….and it is selling the gas at a fair price…what’s the problem with that?? Well, the US, which has not worked to make their LNG sales viable,
    all of a sudden wants to compete with Russia to sell LNG to Germany….but the problem is that the US will be charging alot more for their gas than Russia is selling it for….with the American economy sinking like an overloaded ship, it will
    do anything to keep its presence in the international markets! And sanctions are
    the only way can happen….they can’t compete on a level playing field- it has to be tilted in their favor to be successful…..they just don’t get it= they are doomed.

  6. Garry Compton says

    So, what are the people of Germany, saying , in regards to buying gaz at 30 to 40% higher ? We never hear that part, or if we do – who can trust the CIA/ Jew media, that has been working Germany for 70 years. Installing a honest , truthful voting system in every western country should be a priority – unless you are their Governments. Teaming up with Russia, China and the others that see thru the Western insanity , is a must for survival. Thanks A E.

  7. kaptaan says

    The idea Russia poisoned the guy doesn’t even make sense. Russia would know Germany would be put in a position to hold up the project, and Russia wants to ship gas.

    Ask yourself, who benefits from this poisoning. Not Russia.

  8. disqus_3BrONUAJno says

    The US doesn’t’ want anyone to take away German dependence on other NATO members, and Nord Stream 2 would do just that.

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