Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • Bitcoin USD

    63,968.58
    -676.87 (-1.05%)
     
  • CMC Crypto 200

    1,328.16
    -68.38 (-4.90%)
     
  • S&P 500

    5,109.94
    +61.52 (+1.22%)
     
  • Dow

    38,307.99
    +222.19 (+0.58%)
     
  • Nasdaq

    15,956.85
    +345.09 (+2.21%)
     
  • Gold

    2,351.60
    +9.10 (+0.39%)
     
  • Crude Oil

    83.88
    +0.31 (+0.37%)
     
  • 10-Yr Bond

    4.6730
    -0.0330 (-0.70%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

EU offers to negotiate Nord Stream 2 on behalf of members - Politiken

A handout by Nord Stream 2 claims to show the first pipes for the Nord Stream 2 pipeline being delivered by rail to the German logistics hub Mukran on the island of Rugen, Germany, in this undated photo provided to Reuters on March 23, 2017. Axel Schmidt/Courtesy of Nord Stream 2/Handout via REUTERS (Reuters)

COPENHAGEN (Reuters) - The European Union has offered to negotiate with Russia on behalf of its member countries about the Nord Stream 2 gas pipeline, which aims to bring Russian gas to Germany under the Baltic Sea, Danish newspaper Politiken reported on Wednesday. In a letter to the Danish government seen by the newspaper, the European Commission invites member countries to state their opinions about Nord Stream 2 and clarifies that the pipeline can not be operated in a "legal vacuum". The commission will ask member countries for permission to initiate negotiations with Russia in order to reach an agreement that pivotal principles from the union's legal framework will be imposed on projects like Nord Stream 2, commission spokeswoman Anna-Kaisa Itkonen told the newspaper. The EU is divided between eastern European and Baltic Sea countries that see a new pipeline carrying Russian gas across the Baltic making the EU a hostage to Moscow - and those in northern Europe, most especially the main beneficiary Germany, for whom the economic benefits take priority. (Reporting by Teis Jensen; editing by Grant McCool)