Poroshenko and Merkel will discuss a gas pipeline to bypass Ukraine

President of Ukraine Petro Poroshenko, who is on a visit to Germany and Chancellor Angela Merkel are to discuss issues related to the construction of Russian gas pipeline “Nord stream – 2”.

“I hope to strengthen energy solidarity and energy cooperation between Ukraine and Germany. We will try to find common approaches regarding the “Nord stream – 2″ and with respect to OPAL,” – said Poroshenko at the briefing.

In addition, according to Poroshenko, should complete the process of ratification of the Association Agreement and granting Ukraine a visa-free regime, financial assistance and other projects between the EU, Germany and Ukraine.

Recall, Poroshenko has already met with representatives of German companiesthat are currently working in Ukraine. Poroshenko invited German companies to actively invest in Ukraine, and noted the potential for the development and strengthening of the Ukrainian-German business cooperation.

Earlier Poroshenko also said that the implementation of the Russian project of gas pipeline “Nord stream – 2” carries political risks. During a visit to Finland, the President said he counts on the principled position of this country in relation to the project of a new pipeline to the Russians.

The project “Northern stream – 2” involves the construction of two pipelines with a total capacity of 55 billion cubic meters of gas off the coast of Russia through the Baltic sea to Germany. The pipeline is planned to be build next to the “Nord stream”.

As was stated by the Chairman of the Board “Gazprom” Alexander Medvedev, the capital cost of the “Nord stream-2” is expected at 8 billion euros, however, together with the cost of borrowing the amount can reach 9.9 billion euros. In this case Russia will have to pay for the “Nord stream – 2”.