The German government offered the Trump administration financial support of up to €1 billion ($1.21 billion) in a bid to prevent Washington from imposing sanctions on the Nord Stream 2 pipeline, according to documents published by the non-profit Environmental Action Germany (DUH) Tuesday. The controversial pipeline, which is nearing completion , would double the amount of natural gas delivered annually from Russia to Germany. What did Germany allegedly offer? The DUH published a personal letter from German Finance Minister Olaf Scholz to former US Treasury Secretary Steve Mnuchin. Scholz allegedly offered funding for the import of liquefied natural gas (LNG) from the US. In return, the US was asked to allow the “unhindered construction and operation of Nord Stream 2.” “The German government is willing to massively increase its public support for the construction of LNG terminals along the German coastline … by providing up to €1 billion,” the letter stated. “Future legislation, which could be the basis for sanctioning Nord Stream 2, will either not be used or, in the case of compulsory sanctions provisions, blocked by waivers or other adequate and effective tools.” Scholz is a member of the Social Democrats (SPD), the junior partners in Germany’s coalition government. He is the… Read full this story
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