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Germany offered to build $1.2 billion LNG terminals to stop US’ sanctions on Nord Stream 2

Germany offered to build $1.2 billion LNG terminals to stop US’ sanctions on Nord Stream 2

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Berlin offered to spend 1 billion euros ($1.2 billion) to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany, Die Zeit reported on Wednesday. The weekly paper said Finance Minister Olaf Scholz made the proposal in an Aug. 7 letter before Washington imposed sanctions on companies involved in building the Baltic Sea pipeline, effectively freezing its construction. A spokesman for the German finance ministry said he could not comment on individual reports.
Source: Germany offered to build $1.2 billion LNG terminals to stop US’ sanctions on Nord Stream 2

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