Fund created in Germany to support Nord Stream 2 completion

It will be able to buy services to complete the gas pipeline.REUTERSREUTERS

The Mecklenburg-West Pomerania government has approved the creation of the Mecklenburg Climate Protection Fund, whose main objective is to help complete the Russian Nord Stream 2 gas pipeline by bypassing U.S. sanctions.

This was reported by the Ukrainian-registered European Pravda news outlet, citing confidential documents available to Germany’s Bild.

The publication cites a government document that states: “The government is creating a fund that supports and promotes climate action in the state through a wide range of organizations and institutions, as well as civil society activists, and at the same time can contribute to the completion of the Nord Stream 2 gas pipeline project.”

As noted in the document, “the new U.S. sanction legislation requires the urgent creation of a fund.” Thus, the German fund can independently order services for completing the gas pipeline, which should take the executors out of the action of U.S. sanctions. According to Bild, it is officially planned to spend about EUR 250,000 on this.

Moreover, Bild claims that the founders of the fund have already agreed on the terms of cooperation with Nord Stream 2 AG, a subsidiary of Gazprom.

The head of the fund will be Prime Minister of Mecklenburg-Western Pomerania Erwin Sellering (SPD), his deputy and MEP from EPP / CDU Werner Kuhn.

(c)UNIAN 2021

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