: :inin Kyiv (EET)

Investors wary as Russian pipeline project splits EU


By Alissa de Carbonnel and Barbara Lewis
Investors are wary of pouring money into a planned doubling of Gazprom’s Nord Stream gas link to Germany, analysts said, amid doubts about regulatory approvals and deep political divisions.
Since taps opened five years ago on the first pipeline from Russia’s Baltic coast to Germany, bypassing Ukraine, the gulf has widened between EU countries angered by Russia’s military actions there and those worried about security of gas supply.
At an emotional summit last week, national leaders said Nord Stream-2 undercut EU unity against Russia. Only Germany and the Netherlands backed the project, ministers said.
EU officials have …read more

Source: Cyprus Mail

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