Wed Feb 20, 2019, 08:28 PM

US Arm-Twisting & Pipe Dreams Aside, Europe Just Wont Quit Russian Gas Imports

Published time: 21 Feb, 2019 01:08

Austria will continue buying Russian gas despite US pressure and fear-mongering from Poland and Ukraine about dangers to European energy security. The cost of importing US gas is just not right, says its Chancellor Sebastian Kurz.

Meeting with US President Donald Trump in Washington on Wednesday, the 32-year-old chancellor stood up for Austria’s continued support for the Nord Stream 2 pipeline, which is due to be completed later this year.

Austria wants a secure gas supply, Kurz told local media after meeting with Trump, adding that Vienna has no problem with buying liquid natural gas (LNG) from the US, “but as long as the price is better, Russia is more attractive as a partner, as Trump can certainly understand as a former businessman.”

The price of US imports is “currently not competitive,” Kurz said, so the gas for Austria “will continue to come mainly from Russia” in the foreseeable future.



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