Press Releases Flash! Reliance on Russian gas has big risks for Europe, U.S. Ambassador to the EU Gordon D. Sondland writes in the Financial Times

Flash! Reliance on Russian gas has big risks for Europe, U.S. Ambassador to the EU Gordon D. Sondland writes in the Financial Times

Flash! Reliance on Russian gas has big risks for Europe, U.S. Ambassador to the EU Gordon D. Sondland writes in the Financial Times 

Writing in the Financial Times, U.S. Ambassador to the European Union Gordon D. Sondland outlines the risks Europe faces if it continues to invest in Russian-backed gas infrastructure, including the Nord Stream 2 pipeline.

“If Europe allows new Russian gas arteries into the heart of the continent, it will find itself hosting a Trojan horse. If completed, the new pipelines will allow Moscow to make good on its public threats to end gas transit through Ukraine — cutting a vital link between that country and the west,” Ambassador Sondland writes, noting that alternative supplies at affordable prices already exist and more are coming from the eastern Mediterranean, the Caspian Sea and the United States.

“The EU has a once-in-a-generation opportunity to loosen Russia’s energy chokehold on parts of Europe,” Ambassador Sondland adds.

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