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home / news releases / OMVJF - Nord Stream 2's completion a 'fait accompli' Blinken tells House panel


OMVJF - Nord Stream 2's completion a 'fait accompli' Blinken tells House panel

Secretary of State Antony Blinken called completion of the Nord Stream 2 pipeline a "fait accompli" in testimony today before the House Foreign Affairs Committee, and said the U.S. is working with Germany to mitigate the damage it will cause to Europe's energy system.Sanctioning the top executive of the project's parent company would have led to worse U.S.-German relations, Blinken said, and now Germany has expressed a desire to prevent Russian President Putin from using Nord Stream 2 as leverage to weaken European nations by increasing dependency on Russia."We have an opportunity to make something positive out of a bad hand that we inherited when we came into office," Blinken said.The Gazprom-led (OGZPY) project also includes Western partners Royal Dutch Shell ([[RDS.A]], [[RDS.B]]), BASF's (BASFY) Wintershall, Uniper (UNPPY), OMV (OMVJF) and Engie (ENGIY).Putin said last week that the pipelaying of the first line of the pipeline from Russia to Germany had been

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Nord Stream 2's completion a 'fait accompli,' Blinken tells House panel
Stock Information

Company Name: OMV Aktiengesellschaft
Stock Symbol: OMVJF
Market: OTC

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