US and Russia explore gas sale to Europe amid Ukraine war: Reuters
The talks could give U.S. investors a profit share from future gas flows to Europe, while officials say a deal remains unlikely in the medium term.
- US Special Envoy Jared Kushner and Kirill Dmitriev, a close adviser to Russian President Vladimir Putin, held talks about bringing a US investor into the sanctioned Nord Stream pipelines that delivered gas to Germany before Russia invaded Ukraine.
- Before Russia invaded Ukraine, the pipelines supplied more than half of Germany's gas imports; they were mothballed and subsequently damaged in underwater explosions during September 2022, then sanctioned by the United States and European Union.
- Kushner and Dmitriev also discussed selling European assets owned by Russian energy company Lukoil, with a White House official stating that Steve Witkoff and Kushner worked with the International Development Finance Corporation to negotiate a substantial upfront payment for the United States.
- Poland's political leadership remains firmly opposed to reopening the pipeline, while lawmaker Michael Kellner warned, "This threatens to be a dirty deal that will cost Europe dearly," adding, "Americans and Russians will share the profits."
- President Donald Trump could waive sanctions to permit such deals, but if Democrats win control of Congress in next month's midterm elections, this would become harder; a White House official stated there have been "no Nord Stream discussions recently.
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92 Articles
High-level representatives of Russia and the United States discussed the possibility of involving an American investor in Northern Flow gas pipeline projects.
Kushner and Dmitriev discussed the possibility of an American investor's involvement in the Nord Stream pipelines through which natural gas was transported from Russia to Europe - The obstacles to the reopening of the pipelines
Donald Trump's and Vladimir Putin's teams are discussing the possibility of involving an American investor in financing the North Flow, and in Washington, D.C., they're counting on profits from energy supplies to Europe.
It has been suggested that contacts between the US and Russia regarding the Ukraine war have extended to the energy sector, and that the future of Nord Stream is back on the negotiating table. While the inclusion of US investors in the project and new formulas regarding Russian energy assets are being discussed, sanctions and objections from Europe stand out as the biggest obstacles to a possible agreement.
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