Grybauskaitė sees Nord Stream project as EU energy policy ‘shroderization’

Gerhard Schroder
Scanpix

“Nord Stream 1 and Nord Stream 2 for us are geopolitical projects. They are not purely commercial, especially seeing who is handling these projects. For us this means one thing – shroderization of energy policy in the EU. It means a very bad message,” Grybauskaitė said in Helsinki at a joint news conference with her Finnish counterpart, Sauli Niinisto.

In her words, continuation of the project would mean higher energy dependence of some EU member-states upon Russia.

Ninisto, in his turn, stated that Finland was only raising environmental issues when it comes to the willingness to extend the Nord Stream pipeline.

Under Nord Stream 2 project initiated by the Russian gas giant Gazprom, two additional strings of the pipeline should be laid across the Baltic Sea to German coasts by the end of 2019 to double the annual capacity.

The board of the Nord Stream 2 project company is headed by Germany’s former chancellor, Gerhard Schroder.

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