Lifting sanctions against Nord Stream 2 gas pipeline would be "geopolitical triumph" for Russia – Ukrainian president

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Canan Kevser
21 May 2021, 16:35
Canan Kevser
21 May 2021, 16:35

President of Ukraine Volodymyr Zelensky believes that the possible lifting of sanctions by the United States against the Nord Stream 2 project would be an ultimate geopolitical triumph for the Russian Federation.

His statement came during a press conference on Thursday, May 20. The President stressed that opposing the construction of the Nord Stream 2 is a matter of energy security for Ukraine and Europe, as well as a matter of geopolitical influence.

According to Zelensky, the lifting of sanctions would be a personal failure for the President of the U.S. Joe Biden.

"I think this (lifting of sanctions - ed.) would be a loss for the United States as well as for President Biden personally. I’m telling this openly and frankly. It would be a major geopolitical conquest for the Russian Federation and would lead to a new redistribution of power and influence," Volodymyr Zelenskyy said.

Background

In December 2018, European Parliament deputies adopted a resolution against the construction of the Nord Stream 2 gas pipeline by Russia. 433 parliamentarians voted for the document, 105 against.

In December 2019, the U.S. passed legislation providing for sanctions on a ship involved in building the Nord Stream 2 pipeline. Due to the U.S. sanctions, its construction was suspended.

However, the Russian side, with the consent of the German side, resumed work on its own, using the Fortuna pipe-laying ship. The 1,200 km long gas pipeline worth almost EUR 9.5 billion is 94% completed.

The United States opposes the project, arguing that it will strengthen the Kremlin's grip on the European energy market while undermining Ukraine's security and economy.