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05 May 2016, Annie Tsoneva, EMIS Editor

US says Russia's Nord Stream-2 is poor for Eastern Europe

Russia's project to build the Nord Stream-2 natural gas pipeline may have a negative impact on eastern Europe, newswire Prime reported citing the US Secretary of State John Kerry as saying during a meeting with EU foreign policy chief Federica Mogherini.

"This project has provoked a very heated debate on both sides of the Atlantic, and we are convinced would absolutely have an adverse impact on Ukraine, on Slovakia, and Eastern Europe. And we cannot lose sight of that," Kerry said.

The project envisages to build additional two pipelines across the Baltic Sea to bring Russian gas to Germany. They will have an annual capacity of up to 55 billion cubic metres of gas and will double the capacity of the existing Nord Stream pipeline.

Gazprom, E.ON, BASF, Royal Dutch Shell, OMV and Engie are shareholders in Nord Stream-2.

For the Kremlin, the Nord Stream-2 project is purely commercial project.

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