Juncker, Putin Discuss Nord Stream Gas Project

Juncker, Putin Discuss Nord Stream Gas Project

President of the European Commission, Jean-Claude Juncker, meets Russian President, Vladimir Putin, in June, for the first time since November 2014. Solutions for the controversial Nord Stream pipeline project, which delivers Russian natural gas to Germany, are expected to be analyzed and discussed by the two leaders during the conference which is taking place in St. Petersburg, reported Ukraine Today.

Russia is planning on expanding its interconnections with Germany through a Gazprom PJSC-led consortium that is expected to double the capacity of the Nord Stream pipeline.

The Nord Stream project has raised a lot of controversy among EU governments. Eastern EU member states like Poland and Slovakia, along with Italy have been encouraging Juncker and EU President, Donald Tusk, to block the project. The countries do not want to be dependent on Russian gas as the EU had previously stopped a Russian pipeline to Southern Europe in 2014, and because 40% of , Russian gas is shipped to European countries through Ukraine, a country with which Moscow has had a series of gas disputes, according to Bloomberg.

Bloomberg said that Judy Dempsey, a Berlin-based analyst at Carnegie Europe has commented on this controversial project saying that it has turned into a poisonous political project.

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