Germany Seeks Deal With Biden on Controversial Pipeline
- Proposals around LNG terminals and regulation expected
- Merkel to take part in G7 call with President Biden this week
This article is for subscribers only.
Germany wants to make a deal with the U.S. in order to complete the controversial Nord Stream 2 gas project that has caused friction between the two countries.
The 1,230-kilometer (764-mile) gas pipeline that’ll bring the fuel from Russia to Germany has been a persistent source of trans-Atlantic friction. Its construction was halted for a year after the U.S. imposed sanctions. Chancellor Angela Merkel’s coalition is working on a proposal that’ll attempt to soften Russia’s influence over the European energy market, addressing some of the U.S.’s concerns on the project, according to people familiar with the matter.