13 November 2008 17:47 [Source: ICIS news]
TORONTO (ICIS news)--Germany’s CDU/CSU parliamentary party on Thursday dismissed threats by Russian Prime Minister Vladimir Putin to cancel the Nord Stream Baltic Sea natural gas pipeline project to Germany in case of further delays.
Putin told media that ?xml:namespace>
Putin’s remarks came after German chemicals major BASF and
Most of the money was earmarked for the construction of Nord Stream, they said.
But Andreas Schockenhoff, deputy parliamentary leader of Chancellor Angela Merkel’s CDU/CSU party said: “There is no cause for impatience or threats to cancel the project.”
Nord Stream, which would ship gas directly from
The controversy was largely due to the fact that Putin and former German Chancellor Gerhard Schroder – now a member of Nord Stream’s shareholders’ committee – had agreed that the pipeline circumvent the Baltic countries and
Instead of issuing threats,
Schockenhoff dismissed the Putin's LNG shipment option, saying such transport would be irresponsible because of maritime security concerns in the
However, he said that despite the controversy, the CDU/CSU was backing the project as it was needed to meet European energy needs.
German political commentators said Nord Stream was also very important for
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