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Thu Jun 15, 2017, 02:27 PM

Germany and Austria warn US over expanded Russia sanctions

Source: Politico

Germany and Austria on Thursday hit back at proposed U.S. sanctions that would threaten European companies participating in the Nord Stream 2 pipeline project, accusing the U.S. of politicizing its economic interest in selling natural gas to Europe.

“Europe’s energy supply is a matter for Europe, and not for the United States of America,” Germany’s Foreign Minister Sigmar Gabriel and Austria’s Federal Chancellor Christian Kern said in a joint statement.

U.S. senators on Wednesday supported extending and expanding sanctions against Moscow.

The two politicians warned that it wouldn’t “only be highly regrettable, but also damaging” to their countries’ cooperation on the Ukraine crisis if “irrelevant considerations such as U.S. economic interest in exporting gas were to gain the upper hand.” At the heart of their push-back is the planned expansion of the Nord Stream gas pipeline between Russia and Germany.

Read more: http://www.politico.eu/article/germany-and-austria-warn-u-s-over-expanded-russia-sanctions/

9 replies, 3252 views

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Arrow 9 replies Author Time Post
Reply Germany and Austria warn US over expanded Russia sanctions (Original post)
Calista241 Jun 2017 OP
Doug the Dem Jun 2017 #1
Leghorn21 Jun 2017 #3
muriel_volestrangler Jun 2017 #9
Rainbow Droid Jun 2017 #2
flibbitygiblets Jun 2017 #5
C Moon Jun 2017 #7
ProudLib72 Jun 2017 #4
MedusaX Jun 2017 #6
geek tragedy Jun 2017 #8

Response to Calista241 (Original post)

Thu Jun 15, 2017, 02:33 PM

1. Huh?

 

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Response to Doug the Dem (Reply #1)

Thu Jun 15, 2017, 02:41 PM

3. Oh yeah, I am some kind of lost here...

#2

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Response to Doug the Dem (Reply #1)

Thu Jun 15, 2017, 03:22 PM

9. Germany and Austria are taking the side of their corporations

---snip---
The Senate amendment, which passed overwhelmingly but which still needs to clear the House, would ramp up U.S.ability to hit back at Russia. Specifically, under the new legislation, the White House would have the authority to extend sanctions to any firm that invests money to help build Russian energy projects. That takes square aim at Nord Stream 2, a pipeline that would deliver natural gas from Russia directly to Germany, bypassing Ukraine.
...
Nord Stream has torn Europe apart already. Eastern and Central European countries oppose the project, fearing that their dependence on Russian energy would increase. Many Western European countries, especially Germany, back it, arguing that a new pipeline will increase supplies and lower energy prices in Europe. U.S. officials in the Obama and Trump administrations have opposed the pipeline, saying it could undermine European energy security.

If the legislation passes the House and survives any veto threats from President Donald Trump, it could be used against companies like Shell, Uniper, Wintershall, Engie, and OMV, which are teaming up with Gazprom, Russia’s state-owned energy behemoth, to build the $10.6 billion pipe.

At the same time, Gabriel and Kern allege the United States was acting in the interest of domestic suppliers, which in recent years have begun to export natural gas and even crude oil, including to Europe.
---snip---
http://foreignpolicy.com/2017/06/15/germany-hits-back-at-possible-new-u-s-sanctions-on-russia/

---snip---
The bill is only a threat of sanctions against any company that makes a significant investment in Nord Stream II. This discretion to use that provision to fine companies involved is largely left with Trump, however.

Ukrainian gas giant Naftogaz has called Nord Stream II a political weapon.

"There is no need for Nord Stream II, but we have to show Europe that we can cooperate and co-manage a gas system with them ourselves," says Andriy Kobolyev, the CEO of Naftogaz. "If Gazprom is allowed to build that pipeline, it is obvious to me that it will eventually be used 100% by Russia, strangling Ukraine financially. If we lose a significant portion of our transit revenues for Russian gas into Europe, then it will be a huge blow to our country," he says.

The threat against Nord Stream II puts added risk and new stresses on European energy firms. Russia accounts for nearly a third of natural gas supply in Europe. Russia is the world's largest natural gas producer.
---snip---
https://www.forbes.com/sites/kenrapoza/2017/06/15/what-the-russia-sanctions-upgrade-means-for-trump-and-ukraine/#62d1411c2783

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Response to Calista241 (Original post)

Thu Jun 15, 2017, 02:40 PM

2. Criminals must be removed before relations with other countries normalize. Even our longtime allies.

Anything the country does with Trump's Criminal Cabal at the helm of the ship (even only nominally, tenuously, barely clinging to the helm like they are now) will be viewed through the distorted lens of "the criminals are in charge".

Until they're clearly thrown out of power, disgraced, and permanently rejected, every country on Earth is going to be hostile and suspect US motives. It's only natural, and we can't expect anything else.

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Response to Rainbow Droid (Reply #2)

Thu Jun 15, 2017, 02:50 PM

5. Really good point. And welcome to DU! /nt

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Response to Rainbow Droid (Reply #2)

Thu Jun 15, 2017, 03:04 PM

7. Yes!

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Response to Calista241 (Original post)

Thu Jun 15, 2017, 02:49 PM

4. That's why Rand Paul and Bernie voted no

I think that is the point of this post, right?

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Response to Calista241 (Original post)

Thu Jun 15, 2017, 02:59 PM

6. The amendment addressed the various sanctions separately... the sanctions which could affect the

Pipeline were deemed "optional" and identified the POTUS as the determining part of when/if those would be enacted...

So the Austria/Germany argument against the sanctions is not reflective of the actual/complete Sanction terms


Sounds like Putin influence to me..
but what do i know?

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Response to Calista241 (Original post)

Thu Jun 15, 2017, 03:08 PM

8. This is an argument a sane US administration would be able to make--we don't want to

 

alienate our allies.

But the orange filth can't make that argument without inviting scorn in return.

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