U.S. and Russia Explore Nord Stream Restart, Sources Say
A spokeswoman for Germany's economy and energy ministry pushed back, saying Nord Stream and Russian gas were sanctioned in Europe.
U.S. and Russian officials are considering a deal to restart the Nord Stream pipelines that once delivered gas to Germany, according to sources. Talks involving U.S. Special Envoy Jared Kushner and Kirill Dmitriev, a close adviser to Russian President Vladimir Putin, have taken place in Moscow and New York. The discussions center on involving a U.S. investor in the pipelines, which are sanctioned by the U.S. and EU, making any restart illegal.
A deal would allow U.S. investors to profit from energy flows to Europe once the war ends. However, the likelihood of a deal is low due to obstacles and resistance from Germany and other European countries. The pipelines, which Germany bought more than half of its gas from before Russia invaded Ukraine, have faced deep European mistrust of Russia's motives.
Some German lawmakers view business deals as bolstering Moscow, while others oppose it. If Democrats win control of Congress, lifting sanctions could become harder.
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