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Posts on ‘June 4th, 2018’

As Trump Riles Europe on Trade, Putin Offers More Natural Gas

…the EU may protect the companies financing Nord Stream 2. Those include Royal Dutch Shell Plc…

By William Wilkes and Ewa Krukowska
4 June 2018, 05:00 BST

As Donald Trump’s trade policy risk worsening economic conflict with Europe Union, Russia’s Vladimir Putin is strengthening ties with the region.

Putin will mark 50 years of gas exports to Europe at an event in Vienna on Tuesday. A controversial 9.5 billion-euro ($11 billion) pipeline to feed more supplies from Siberia directly into Germany is progressing despite a U.S. sanctions threat. And Moscow-based Gazprom PJSC last month settled a seven-year-old pricing dispute with the European Union, enabling it to expand its market share. read more

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