Trump's criticism of Russia-Germany gas project aims to promote US LNG

Annual maintenance shutdown of Nord Stream pipeline

Trump, Merkel trade barbs over Russia at Nato summit

Mr. Trump's concerns about the project - which would funnel gas through the Baltic Sea to Germany, bypassing Russia's traditional land routes through Ukraine and other Eastern European nations - are shared by a host of European leaders outside of German Chancellor Angela Merkel.

Since its start, the Nord Stream pipelines have enabled the stable delivery of natural gas for Europe.

It is due to be completed late next year.

According to the politician, today the "Nord stream-2" is for Germany to tackle the same duties that the USA wants to put in order to equalize competition with European and American goods to the European and American market.

With Norway and North Africa unable to boost supplies, analysts believe Gazprom will have to step in, along with liquefied natural gas (LNG) suppliers. Germany imports more than 80% of its gas and Russian Federation provides about half of the imports.

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History has shown that Russian Federation has a penchant for attempting to control Europe by cutting off energy supplies. Germany is a rich country. A number of countries want to change the rules of construction of gas pipelines in the EU. He said he also mentioned tripartite talks [on gas - EU-RF-Ukraine], which they will hold. European Union pressure on Russian Federation helped to eventually solve the conflict, as powerful member states in Western Europe grew concerned that the supply disruption might have ripple effects across the continent.

Ukraine is making about $2 billion (€1.7) on gas transit fees per year, making it a key source of income for the impoverished country.

Perry said that new LNG expert terminals are coming on line in the eastern United States and that U.S. and European scientists and engineers are working togther to improve supply.

Does it affect U.S. business interests?

Arriving in Brussels for a two-day alliance summit, the United States president said it was "totally inappropriate" that Germany was paying billions of dollars to Russian Federation for oil and gas while spending little over 1 per cent of its GDP on defence.

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Until now U.S. exporters have targeted markets in south America and Asia, including China, where prices are firmer.

He said that Trump's remarks and sanctions against Russian Federation that also target foreign companies there were "an assault on business relations between German and European countries and Russia".

Trump arrived in Brussels lashing out at Canada and other allies for not spending enough on defence.

Lithuanian President Dalia Grybauskaite sided with Trump on Wednesday after his remarks, saying that she views the project "as geopolitical, politically motivated, having no economic justification and also binding hands for some European countries to pursue a free energy policy".

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