Itis a projectthatisrunbyRussianandEuropeanindustries.
Itwouldsend a strongsignalforGermanytosayrightnowthatitwillwithdrawfromthisprojectthatcomesattheexpenseofLithuania, Estonia, LatviaandPolandthatwouldhelpunifyEurope.
Andwethinkthatwillbe a projectwhichdoesnotonlyphysicallyconnectEuropewithRussia, butalsomentallyandmaybeevenwillbe a futureprojectoffourcommonchallengestofightcommonchallengesinEurope.
Loftiergoalsof a unitedEuropeareonething, butlet's notforgetthiswas a reallyexpensiveprojecttobuildandifitcametoitwillbe a reallyexpensiveprojecttostop.
Take a look 50% offNorthStreamTwosharesareownedbyRussianenergycompanyGazprom.
Butexpertsontheothersideofthisdebatesaythosecostsare a bearableandthattheNordStreamtwopipelineisjustmoretroublethanit's worth.
TimetospeaktoClaudiaComfortoftheGermanInstituteforEconomicResearchWaydon't need a furtherpipeline.
Wedon't needNorthStreamtwo.
Wehaveenoughexistingpipelinesrightnow, thegeopoliticalQueirozairsointensethatweshouldreallythinkoverwhetherweshouldreallysticktothisveryexpensive, unnecessaryandalsoconflictingpipelinerightnowitdoesnotfunctionas a check.
I thinkbecausewecouldnegotiateinmanywayswecouldcooperateinsomanywayswecouldcooperateonrenewableenergy.
It's verydifficulttounderstandwhytheBerlingovernmentisstillsomuchfocusingonitbecause I thinkwethinkit's a mistakebecauseofeconomicreasonsbecauseofclimatepolicyreasons, becauseofenergytransformationreasons, becausewehavetodiversifyenergyimportssoitcontradictssomanygoals.
SenatorsTedCruz, RonJohnsonandTomCottonwrote a lettertotheportspledgingquotecrushinglegalandeconomicsanctionsfortheboardmembers, shareholdersandemployeesworkingonthepipeline.