Pompeo Said Russian Invasion of Ukraine Attempt to Control Oil and Gas
The Secretary of State said that the U.S. does not want to see its European allies hooked on Russian gas via the Nord Stream 2 pipeline
United States Secretary of State Mike Pompeo called Russia’s annexation of Crimea and aggression in eastern Ukraine an attempt to gain access to Ukraine’s oil and gas reserves.
He stated this at IHS Markit’s CERAWeek conference in Houston, Texas, Reuters reports.
Pompeo urged the oil industry to work with the U.S. President Donald Trump’s administration to promote U.S. foreign policy interests, especially in Asia and in Europe, and to punish what he called “bad actors” on the world stage.
The U.S. has imposed harsh sanctions in the past several months on two major world oil producers, Venezuela and Iran.
Pompeo said the American oil-and-gas export boom had given the U.S. the ability to meet energy demand once satisfied by its geopolitical rivals.
“We don’t want our European allies hooked on Russian gas through the Nord Stream 2 project, any more than we ourselves want to be dependent on Venezuelan oil supplies,” Pompeo said, referring to a natural gas pipeline expansion from Russia to Central Europe.
Pompeo called Russia’s invasion of Ukraine an attempt to gain access to the country’s oil and gas reserves.