Bulgaria stated the powerlessness of the U.S. in the face of Nord Stream 2

Bulgaria stated the powerlessness of the U.S. in the face of Nord Stream 2

In an interview with “Trud” newspaper, Bulgarian political scientist and Doctor of Economics Nina Dulgerova said that the US has no effective instruments to stop the construction of Russian Nord Stream-2 gas pipeline.

In her opinion, Russia will complete the pipeline. “And the Americans are powerless, because they can’t offer an alternative,” the expert stated.

Dulgerova also noted that the countries dominating the energy markets in the XXI century have an opportunity for sustainable spheres of influence – political and economic – in different regions.

On December 17, Russian President Vladimir Putin expressed confidence that Nord Stream 2 will be completed. He described the project as absolutely advantageous for Europe, since American liquefied natural gas (LNG) will be 20 percent more expensive than Russian pipeline gas. The result of importing more expensive LNG from the U.S. would decrease Germany’s economic competitiveness, Putin concluded.

Earlier in December, the U.S. Senate approved a defense budget containing new sanctions against Russian pipelines. The $740 billion bill includes expanded restrictions against Nord Stream 2 and Turkish Stream, and against Ankara for its purchase of Russian S-400 surface-to-air missile systems (SAMs).