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FM on shameless interference in the affairs of European businesses

Russian Foreign Minister Sergey Lavrov’s interview with a Russian news agency was published by the website of the Ministry on Friday. As Lavrov said, “The Group of Twenty offered an effective platform for discussing many key questions related to global economics and even politics. Apart from the G20, Russia is proactive in associations of a new kind, such as BRICS and the SCO, where decisions are balanced and taken by consensus rather than imposed. These are multilateral structures that have already established themselves as reliable foundations for the emerging fair, democratic and multipolar world order.”

Lavrov pointed out that “The construction of the Nord Stream 2 gas pipeline is nearing completion, which is why its opponents have redoubled their efforts to derail it. The addition of sanctions to the US 2020 National Defense Authorization Act is shameless interference in the affairs of European businesses. Some US senators have openly threatened the management of the companies involved in the project. The aim of this is not the protection of European energy security, which Nord Stream 2 will strengthen, but furthering the interests of US LNG on the European market. It is a shocking example of unfair competition and politicization of energy relations.”

According to the Minister, there is no doubt that “the gas pipeline will be completed despite this pressure. Europe is aware of the advantages of an alternative export route, although some countries are willing to work for their overseas curators even to the detriment of their own energy security and the prosperity of their citizens, which is regrettable. Europe so far remains the biggest market for our gas; we deliver some 200 bln cubic meters of gas there annually. At the same time, we are expanding our energy cooperation with Asian-Pacific countries, where the demand for hydrocarbons continues to grow. In early December we launched the Power of Siberia pipeline, which will be used to deliver up to 38 bln cubic meters of gas to China every year. We are working with our Western partners to develop Arctic resources, including within the framework of the Yamal LNG and Arctic LNG 2 projects. We are developing the transport logistics of the Northern Sea Route so as to ensure the export of Russian energy to Asia Pacific countries. Russia will continue to diversify its hydrocarbon export routes.”

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