Politics 2024-04-15T06:33:31+03:00
Ukrainian news
Ukraine Will Continue Insisting On Necessity Of Sanctions Against Nord Stream 2 Operator – Vitrenko

Ukraine Will Continue Insisting On Necessity Of Sanctions Against Nord Stream 2 Operator – Vitrenko

sanctions, Naftogaz of Ukraine, Yurii Vitrenko, Nord Stream AG, Nord Stream 2 operator

Board Chairperson of the Naftogaz of Ukraine national joint-stock company Yurii Vitrenko says that Ukraine will continue insisting on the necessity for sanctions against the Nord Stream 2 operator.

That follows from a statement by the Naftogaz of Ukraine national joint-stock company, Ukrainian News Agency reports.

“We have carefully read the joint statement of the American administration and the German government. We see that the problems and challenges Ukraine is facing, primarily those in the field of security, remain, at least for now, unanswered. Therefore, we continue to explain that so far Russia, Putin uses gas as a geopolitical weapon; and until then the American sanctions without exception should remain applied, in particular, against the Nord Stream AG and other key participants in this project," Vitrenko said.

He added that the issue of threats posed by the launch of Nord Stream 2 will be discussed during the visit of President Volodymyr Zelenskyy to the United States at the end of August.

Vitrenko also noted that there are now enough tools to stop Nord Stream 2.

"In order for this gas pipeline to work, there must be an operator - it must be certified according to European rules. Then European companies reserve capacities with this operator and can receive gas through the pipeline. So, if the pipeline operator is subject to sanctions - and I emphasize again: 100% of Nord Stream AG belongs to Gazprom, so it is quite normal to impose sanctions on such an operator, which is actually a geopolitical weapon in the hands of Russia - if sanctions are imposed on this operator, European companies will not book the capacity of this gas pipeline and will not receive gas through it," Vitrenko said.

Also, the Naftogaz board chairperson stressed that the latest negotiations indicate significant support for Ukraine's position among American senators and congressmen.

As Ukrainian News Agency earlier reported, the Federal Republic of Germany will unlikely guarantee the prolongation of the natural gas transit agreement between Ukraine and the Russian Federation until 2034.

Board Chairperson of the Naftogaz of Ukraine national joint-stock company Yurii Vitrenko said this in an interview for the Voice of America, Ukrainian News Agency reports.

He stressed that in the absence of transit of Russian gas through the territory of Ukraine, there is a risk of full-scale military aggression from Russia.

He is also convinced that in order to resist Nord Stream 2, sanctions should be imposed on the Swiss company Nord Stream AG, which is actually a Russian company.

Germany has promised to use all levers to ensure the prolongation by up to 10 years of the natural gas transit agreement between Ukraine and Russia.

It was emphasized that the United States and Germany are united in their desire to hold Russia accountable for its aggression and malicious actions by imposing costs through sanctions and other instruments.

It is noted that Germany will abide by the "letter and spirit" of the Third Energy Package in relation to Nord Stream 2 to ensure separation and access by third parties.

Through the US-German climate and energy partnership, they decided to create a pillar to support the energy transition in emerging economies.

This component will include support for Ukraine and other countries of Central and Eastern Europe.

In line with these efforts, Germany is committed to establishing and managing a Green Fund for Ukraine to support Ukraine's energy transition, energy efficiency, and energy security.

The United States plans to support the initiative through technical assistance and political support in line with the fund's objectives, in addition to programs to support market integration, regulatory reforms, and the development of renewable energy in Ukraine's energy sector.

It will also include technical assistance for Ukraine's integration into the European power grid, building on the ongoing work and coordinated by the European Union and the US Agency for International Development.

In addition, Germany will facilitate Ukraine's inclusion in the German Cyber ​​Capacity Building Fund, support efforts to reform Ukraine's energy sector, and help identify options for modernizing Ukraine's gas transport systems.

Chancellor of Germany Angela Merkel and Russian President Vladimir Putin have discussed the possibility of extending the agreement between Russia's gas monopoly Gazprom and the Naftogaz of Ukraine national joint-stock company on gas transit after 2024.